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$490,000

MLS 1840478
5299 & 5311 Boardman Road, Sw South Boardman, MI 49680  
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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.
Price $490,000 Heat: Zoning:  Agricultural,Rental History
Area: Kalkaska Water: Construction: Frame
Sale or Rent: For Sale Approx.Sq Ft.: 4400 Lot Size: 2.77
Sewer: Private Septic,Mound System,Pump Back Units: 9 Acres: 2.77

Features: Laundry Hook-up,Storage Space,Pantry,Drywall Patio,Porch,Covered Porch,Gutters
Water Features: None
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Listing Provided Courtesy of:
Coldwell Banker Schmidt-402

Copyright 2014 Northern Great Lakes Realtor MLS (NGLR)
Listing provided by NGLR Association of Realtors, database last updated Sunday October 21, 2018
 
Direct Link:  http://www.cmiaridx.com/RETS/idx/cadillacrealty/multifamily/index.php?view=1840478