15161 North St, Thompsonville, MI 49683

15161 North Street, Thompsonville, MI 49683 Offered For Sale by Owner – Fully Renovated Home with Garage & Investment Potential. Welcome to this charming 2-bedroom, 1.5-bathroom home situated on nearly a third of an acre at the edge of the Village of Thompsonville. With a full renovation completed in 2022 and a brand-new high-efficiency furnace installed in 2024, this property offers comfort, functionality, and strong investment value — whether you're looking for a personal residence, long-term rental, or vacation getaway near Crystal Mountain and Traverse City. Home Features: 2 bedrooms | 1.5 bathrooms | laundry room - Approx. 850 sq ft of living space (plus a spacious sunroom) - Full renovation included: new roof shingles (rear section), new flooring, updated bathrooms, fresh plumbing, partial electrical, new doors, and fixtures - Natural oak trim throughout adds warmth and character - The half bath doubles as a laundry room, maximizing space and function - Large unfinished attic with potential for a 3rd bedroom (multiple possible staircase locations) Bonus Spaces: - Bright and airy sunroom adds additional seasonal living space - Small Michigan basement for storage Detached Garage: - 24x30 heated garage/workshop with radiant heating system - 240-volt electrical, air compressor piping, and a water line (run from house, not yet connected) - Confirmed with zoning administrator: garage can be converted to an ADU (Accessory Dwelling Unit) for rental income Lot & Location: - 3 generous lots, totaling just under one third of an acre - Plenty of outdoor space for gardening, entertaining, or expansion - 5 minutes to Crystal Mountain (skiing, golf, resort) - 15 minutes to Beulah Beach - 30 minutes to Traverse City - Under an hour to countless Northern Michigan destinations Investment Ready: - Currently leased through the end of September to a reliable, long-term tenant - Lease renewal is optional for the new owner — immediate income potential (Tenant has been in place for 3 years and would love to stay, if possible) - Property is held by an LLC and can be sold with the LLC entity to avoid taxable value uncapping — preserving affordability and lowering long-term tax exposure - Ideal for workforce housing, vacation rental, or long-term investment This adorable, move-in-ready bungalow was thoughtfully rebuilt with quality materials and an eye toward flexibility. Whether you're seeking a quiet Up North escape, a smart investment, or a property with instant passive income potential, 15161 North Street is ready to deliver. Schedule your private showing — homes with this much potential, in this location, don’t last long!