5299 & 5311 Boardman Road, SW
South Boardman, MI 49680

Description

Turn-key income property! Impressive 9 unit apartment complex now available to a new investor after 20 years of single-party ownership. Well-maintained & updated units are split among 3 free-standing, single-story buildings housing 9 units, including eight 2BR/1BA apartments & one 1BR/1BA, for a total of 6,256 sq/ft finished living space. Each unit includes kitchen appliances; washer/dryer hook-ups; electric baseboard or gas wall furnace heat; & option for satellite TV or DSL internet. 50x20 storage outbuilding w/10 storage units; on-site play set; covered patio/porch area for each unit; & assigned parking spaces. Great location right in the village of South Boardman within walking distance to post office & small park just across the street. 3 miles to Forest Area schools, 8 miles to Kalkaska & 22 miles to downtown Traverse City.

Details

MLS#1855414
Sub-TypeResale
StatusActive
Year1978
Days On Site209

Features

SQ Feet4,400
Units9
Building(s)1

Market Activity 49680

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Area Information

StateMI
CountyKalkaska
CitySouth Boardman
Zip Code49680
AreaKalkaska
Listing VS Median (in 49680)
Price:
$475,000
low | high
Med:
$59,000
100% of Average
SqFt:
4,400
low | high
Med:
0
100% of Average
$ / SqFt:
$108
low | high
Med:
$0
100% of Average
On Site:
209
low | high
Med:
224
93.303571428571% of Average
Listing Updated: 06/26/2019
MLS Number: 1855414
Listing Provided By:
Mark Hagan  of  Coldwell Banker Schmidt-402
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