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5299 & 5311 Boardman Road, Sw $400,000


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

  • 0 Beds
  • 0 Baths
  • 4,400 sq.ft.
  • Multi-Family
MLS# 1855414 | Active
Days On Market: 326 27 Views
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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


Gary Roberts


RE/MAX Bayshore

Cell: 231-632-5642


49680 (South Boardman) Demographics

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

Market Last 30 Days

$250,000 Median Sales Price
1 Homes Sold
2 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $400,000
      10/12/2019 4:31:29 AM Status Changed Source New Value: Active
      10/9/2019 1:31:18 PM Status Changed Source New Value: Price Change
      10/9/2019 1:31:18 PM Price Reduced Source New Value: $400,000 -15.79%
      8/18/2019 4:31:15 AM Status Changed Source New Value: Active
      8/15/2019 10:31:31 AM Status Changed Source New Value: Extend
      8/4/2019 4:31:16 AM Status Changed Source New Value: Active
      8/1/2019 1:31:29 PM Status Changed Source New Value: Extend
      5/9/2019 4:31:18 AM Status Changed Source New Value: Active
      5/6/2019 2:31:25 PM Status Changed Source New Value: Extend
      11/30/2018 10:31:00 AM New in Database Source New Value: $475,000

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