About 726 S Huron Street
Excellent investment opportunity — a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the property’s excess acreage. Don’t miss this opportunity to invest in one of Cheboygan’s best-located multifamily assets.
Features of 726 S Huron Street
| MLS® # | 1939804 |
|---|---|
| Price | $499,000 |
| Square Footage | 7,500 |
| Acres | 2.50 |
| Year Built | 1960 |
| Type | Multi-Family |
| Sub-Type | 2 Story |
| Status | Active U/C Taking Backups |
Community Information
| Address | 726 S Huron Street |
|---|---|
| Subdivision | N/A |
| City | Cheboygan |
| County | Cheboygan |
| Province | MI |
| Postal Code | 49721 |
Amenities
| Utilities | Municipal |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Refrigerator, Oven/Range, Washer, Dryer |
| Heating | Electric,Baseboard |
| Fireplace | Yes |
| Fireplaces | Other |
| Has Basement | No |
| Basement | Slab |
Exterior
| Exterior | Vinyl Siding, Brick |
|---|---|
| Exterior Features | Other |
| Roof | Asphalt |
| Construction | Frame |
School Information
| District | Cheboygan Area Schools |
|---|
Additional Information
| Date Listed | October 22nd, 2025 |
|---|---|
| Days on Market | 5 |
| Zoning | Multi-Family |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | 250 |
|---|