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5299 & 5311 Boardman Road, Sw $375,000

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

Sold In House

$375,000

Market Estimate
  • 0 Beds
  • 0 Baths
  • 4,400 sq. ft.
  • Multi-Family
  • MLS# 1855414
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Property Details

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.

  • General Features
    • Included In Lease Liability Insurance, Exterior Maintenance, Trash Removal, Snow Removal, Water, Sewer
    • Property Type Apartment Complex
    • Township Boardman
    • Type of Ownership Estate
    • Approx Year Built 1978
    • Type Multi-Family
  • Building Features
    • Appliances Equipment Refrigerator, Oven/Range, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms
    • Heating Cooling Sources Natural Gas, Electric
    • INTERIOR FEATURES Laundry Hook-up,Storage Space,Pantry,Drywall
    • Foundation Block, Slab
    • Fireplace And Stoves None
    • Heating Cooling Type Baseboard, Wall
    • Primary Garage Assigned Parking Spaces
    • Roof Asphalt, Metal/Steel
    • Style Apartment, Ranch
    • TV Service/Internet Available Dish TV
    • Total FINISHED SF Apx 4,400
    • Total Units 9
  • Room Features
    • A Apx SQFT 300
    • A Bath 1
    • A Bdrm 1
    • B Apx SQFT 700
    • B Bath 1
    • B Bdrm 2
    • C Apx SQFT 700
    • C Bath 1
    • C Bdrm 2
    • D SQFT 700
    • D Bath 1
    • D Bdrm 2
    • E Apx SQFT 700
    • E Bath 1
    • E Bdrm 2
  • Property Features
    • Number of Acres 2.77
    • Road Public Maintained, Blacktop
    • Water Features None
    • Water Private Well
    • Lot Dimensions 475x300x162x46x309x264
    • Construction Frame
    • Exterior Features Patio, Porch
    • Development Amenities None
    • Sewer Private Septic, Pump Back
  • Schools
    • School District Forest Area Community Schools

Neighborhood

49680 (South Boardman) Demographics

42 Median Age
33 Population Density (per sq. mile)
24% College Educated
$43,142 Estimated Median Income
567 Estimated Total Home Owners
102 Estimated Total Renters
85% / 15% Estimated Owner / Renter Divide
2 Estimated Average Household Size
1,739 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$149,900 Median Sales Price
5 Homes Sold
3 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- New in Database Source New Value: $0 -100%
      12/12/2019 3:00:00 AM Sold Source New Value: $375,000
      The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.