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0 Baths

$359,000

123 N Bailey Street, Cheboygan MI, 49721

Property typeMulti-family

Overview

Active

Listed Jul 9, 2026

Updated 4 days ago

Historic charm and income potential come together at this impressive 6 unit brick building just a short walk from downtown Cheboygan. Offering approximately 7,500 square feet, the property features six potential rental units, a garage, and an additional office space that may offer further rental potential. The solid brick construction, architectural character, and history within the Cheboygan community make this a truly distinctive property. Located within walking distance of downtown shops, restaurants, services, and the waterfront, the location adds to its appeal. Whether you are an investor looking to expand your rental portfolio or an owner seeking a unique property with income potential, 123 Bailey Avenue offers space, character, and opportunity in a desirable Cheboygan location.

$2,388/mo

Est. mortgage payment based on a $359,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Garage
Yes
Municipality
Cheboygan

Listed by Billie Desy with COLDWELL BANKER SCHMIDT CHEBOYGAN
Listing Contact: 231-420-7797 

Based on information from Water Wonderland Board of REALTORS® as of 10/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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