28
See all 28 photos
$185,900
5 Beds
3 Baths
2,000 SqFt
Active
351 W Main ST Vanderbilt, MI 49795
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 2,000 sqft
Subdivision Berrys Add To Village Of Vanderbilt
MLS Listing ID 61050209253
Bedrooms 5
Full Baths 3
Year Built 1986
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type MultiFamily
Property Description
Multi-unit investment opportunity in Vanderbilt, just minutes from Gaylord and nearby hospital access. This property offers flexible rental potential with three units and is well-positioned for furnished mid-term rental use, including traveling nurses and short-term tenants. Seller reports strong demand through Furnished Finder and is currently transitioning the property toward fully furnished rentals. One unit is currently occupied at $1,600/month, while the other units are expected to be vacant. Seller projects higher rental potential during the summer season when operated as furnished units. Recent improvements include a newer roof, rebuilt exterior wall section, updated flooring, refinished walls, insulated roof work, recessed lighting, and two solar vents added to help with prior ice dam concerns. The property includes a well, brand-new septic system, multiple storage buildings, a 12x10 outbuilding with loft, furnishings, rugs, décor, picnic table, firepit, lawnmower, and additional materials the seller may leave with the sale. Exterior cleanup and finishing touches are still needed, but much of the setup is already in place for someone looking to operate furnished rentals in a resort-area market.
Location
State MI
County Otsego
Area Area69012Vanderbiltvlg
Rooms
Basement Block
Interior
Interior Features HighSpeedInternet, LaundryFacility
Heating Natural Gas, Wall Furnace
Cooling Ceiling Fans, Wall Window Units
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement, Block
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Vanderbilt
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
©2026 Realcomp II Ltd. Shareholders
Listed by Troy Schearer of JPAR - Great Lakes Bay Region
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION