Under Contract
123 N Bailey Street, Cheboygan, MI 49721
$399,000
MLS # 201841352
1 / 9
Listing 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.
Source: SparkMLS
About this home
Listed at $399,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms0
Location
CityCheboygan
MunicipalityCheboygan
Zip Code49721
CountyCheboygan
Sale & Financing
Listed7/8/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAPrice & Status History
Jul 9, 2026
Listed for sale
$399,000
More Homes in Cheboygan
Listed by Billie Desy
COLDWELL BANKER SCHMIDT CHEBOYGAN
Frequently Asked Questions about 123 N Bailey Street, Cheboygan, MI 49721
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 123 N Bailey Street, Cheboygan, MI 49721 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 123 N Bailey Street, Cheboygan, MI 49721 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 123 N Bailey Street, Cheboygan, MI 49721?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Cheboygan police department or the Cheboygan County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$2,588
Principal & interest$2,588
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
123 N Bailey Street, Cheboygan, MI 49721
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Municipality
Cheboygan
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