5299 & 5311 Boardman Road, Sw
South Boardman, MI 49680
MLS #1840478

Multi-Family
  • 4,400sq ft
$490,000
Est. P&I payment: $1871.47/mo
5299 & 5311 Boardman Road, Sw, South Boardman, MI 49680
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Description for 5299 & 5311 Boardman Road, Sw, South Boardman, MI 49680
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; 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.
MLS #1840478
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My Notes for MLS #1840478

General Features

  • Property Type: Apartment
  • SqFt: 4,400
  • Number of Acres: 2.77
  • Total Number of Units: 9
  • Lot Dimensions: 2.77
  • Approx Year Built: 1978
  • Style: Apartment,​

Exterior Features

  • Roof: Asphalt,​Me
  • Exterior Finish: Press Boar
  • Exterior Features: Patio,​Porc

Interior Features

  • Interior Features: Laundry Ho
  • Fireplace and Stoves: None

Utilities Features

  • Heating/Cooling Sources: Natural Ga
  • Heating/Cooling Type: Baseboard,​
  • Water: None
  • Sewer: Private Se
  • Appliances/Equipment: Refrigerat
  • TV Service/Internet Available: Dish TV,​DS

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 111.36
  • Type of Ownership: Estate
  • Variable Rate: No
  • Total Taxes: 5,120
  • Included in Lease: Liability
  • Lease Terms: Month-to-M
  • Terms: Convention

Community Features

  • Development Name: Village of South Boardman
  • Development Amenities: None

School Features

  • School District: Forest Area Community Schools

Misc Features

  • Deeded Waterfront: No
  • ECO Features: No
  • Construction: Frame
  • Foundation: Block,​Slab
  • Zoning/Use/Restrictions: Agricultur
  • Possession: At Closing
  • Additional Buildings: Other
  • Mineral Rights: Yes

Location

 
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Directions to 5299 & 5311 Boardman Road, Sw, South Boardman, MI 49680
From intersection of Supply Rd & 131, continue E across highway (road turns to Boardman Rd) to complex on the right at corner of Boardman & School St.
Listing information for 5299 & 5311 Boardman Road, Sw, South Boardman, MI 49680 was graciously provided by our friends at the listing brokerage, Coldwell Banker Schmidt-402 402 E Front Street, Traverse City, MI 49686

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P&I Payment $1871.47
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Paramount's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Paramount, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Last Updated 12/15/2017 at 6:21pm
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