$209,900

Excellent opportunity to own an updated triplex just two blocks from downtown Cheboygan. Two units are currently occupied, while the third unit is vacant and move-in ready following an extensive 2025 renovation. The vacant unit provides flexibility for either an investor or an owner-occupant. Supporting property documentation, including the rent roll and profit-and-loss statements, is available upon request. The property consists of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Apartment 2 was extensively renovated in 2025 with new LVP flooring, kitchen cabinets, appliances, bathroom, fixtures, paint, and windows, along with a laundry hookup. Apartments 1 and 3 have also been updated with LVP flooring and fresh paint, and both include in-unit washers and dryers. Additional improvements include a newer roof and new front and side porches. Apartments 1 and 2 share a new deck/porch, while Apartment 3 features a large rear deck and its own yard space. Three off-street parking spaces provide convenient parking. Electric is separately metered for each apartment, while gas and water/sewer are centrally provided. Heating is provided by a forced-air furnace. Situated on a quiet residential street with downtown shops, restaurants, and amenities just a short walk away, 321 Dresser St. combines recent improvements, flexible occupancy options, and a convenient location.