123 N Bailey Street, Cheboygan, MI 49721
M W Hornes 3rd Add · Cheboygan County
Key Facts
Description
Investment opportunity with this 6 unit apartment complex with attached garage, storage area, and partial basement.Nice office area that could be converted to an efficiency apartment. Ample paved parking in rear of building.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
Two Story
Stories
2
Living Area
16,718 sq ft
Lot Dimensions
171 X 111 +92 X 61
Garage Spaces
3
Zoning
commercial
MLS® Listing#
201841352
Property Features
- Exterior:
- Lighting
- Appliances:
- Dishwasher, Dryer, Electric Range, Refrigerator, Gas Water Heater
- Cooling:
- Ceiling Fan(s), None
- Heating:
- Forced Air, Hot Water, Natural Gas
- Flooring:
- Hardwood, Vinyl
- Basement:
- Partial, Unfinished
- Parking:
- Attached
- Laundry:
- Main Level
- Patio:
- Covered, Porch
- Construction:
- Brick
- Security:
- Smoke Detector(s)
- Utilities:
- Natural Gas Available, Cable Available
- Sewer:
- Public Sewer
Rooms
- Laundry
Schools
- Elementary:
- Cheboygan
- High:
- Cheboygan
HOA & Tax
- Parcel #:
- 054-H22-004-005-00
Directions
Main Street to Pine Street, right on Bailey St
Affordability Calculator
$79,800
Estimated monthly payment
$2,124/mo
Principal $319,200 · Est. interest $445,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cheboygan, MI
- $344,000
- Median Listing Price
- 48
- Median Days on Market
- 1,692
- Median Sq Ft
- $195
- Median Price / Sq Ft
- 60
- Active Listings
- This home’s price is 16% above the area median.
- Its price per sq ft is 88% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cheboygan, MI.
Location
- 123 N Bailey Street, Cheboygan, MI 49721
Nearby Schools
West Elementary School
Elementary · 0.1 mi away
East Elementary School
Elementary · 0.6 mi away
Cornerstone Christian School
Secondary · 0.7 mi away
Bishop Baraga Catholic School
Secondary · 1.0 mi away
Cheboygan Middle School
Elementary · 1.1 mi away
Cheboygan Area Schools
Secondary · 1.2 mi away
Cheboygan Otsego Presque Isle Esd
School · 14.2 mi away
Mackinac Island School
School · 15.7 mi away
Pellston Elementary School
Elementary · 15.7 mi away
Mackinaw City Public Schools
Elementary · 15.9 mi away
Pellston High School
Secondary · 15.9 mi away
Northern Michigan Christian Academy
School · 18.0 mi away
Inland Lakes School District
Elementary · 18.4 mi away
St Ignace Middle School
Elementary · 19.7 mi away
Lasalle High School
Secondary · 19.8 mi away
St Ignace Elementary School
Elementary · 19.8 mi away
Alanson Public School
School · 20.4 mi away
Gros Cap School
Elementary · 22.8 mi away
Seventh Day Adventist Church
School · 23.1 mi away
Onaway Area Community Schools
School · 23.8 mi away
Commute Calculator
Nearby Homes
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Moving Cost Estimate
EXIT Agents in Cheboygan
Listing Courtesy: COLDWELL BANKER SCHMIDT CHEBOYGAN - 2316279959
Last Updated: 2026-07-07