B
Seller's Agent in 2020
Belinda Mercado
Key Realty One-TC
(231) 645-2600
34 Total Sales
5015 & 5023 Boardman Rd South Boardman, MI 49680
South Boardman Neighborhood
7
Beds
4
Baths
4,900
Sq Ft
43,560
Sq Ft Lot
Highlights
- Public Water Access
- 1 Acre Lot
- 2-Story Property
- Home fronts a pond
- Deck
- 3-minute walk to Hazel Butler Park
About This Home
As of February 2020** Attention Investors with some TLC, this multi-unit rental could be restored to its former years, great income generation! This unique opportunity includes a 3-Unit apartment building, 2 mobile homes, 2 studio cabins and a 1,400 sq ft home, which could be used as a property managers living quarters. All situated on a 1 acre corner lot in the village of Boardman, walking distance to the Boardman pond and park, all this just 25 min East of Traverse City.. Good rental history Fixer-upper SOLD AS-IS! Priced to move, marketing package available. Buyer to verify all measurements, year built is estimated. Subject to tenants rights 24 hr notice to show! See Documents for a break down of rents!!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 1 Acre Lot
- Lot Dimensions are 259 x155
- Home fronts a pond
- The community has rules related to zoning restrictions
Parking
- Over 1 Space Per Unit
Home Design
- Duplex
- 2-Story Property
- Cottage
- Fixer Upper
- Pillar, Post or Pier Foundation
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Membrane Roofing
- Metal Roof
- Wood Siding
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 4,900 Sq Ft Home
- Paneling
- Ceiling Fan
- Blinds
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Recirculated Exhaust Fan
Laundry
- Dryer
- Washer
Outdoor Features
- Public Water Access
- Property is near a pond
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Multiple Heating Units
- Space Heater
- Heating System Mounted To A Wall or Window
- Well
- Cable TV Available
Community Details
- 8 Units
- Net Operating Income $27,200
Listing and Financial Details
- Rent includes exterior maintenance, trash removal, snow removal, heating/cooling, electric, water, sewer
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $110,000 | -15.3% | $22 / Sq Ft |
| 02/20/2020 02/20/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | Price Changed | $129,900 | -6.5% | $27 / Sq Ft |
| 12/19/2019 12/19/19 | Price Changed | $139,000 | -7.3% | $28 / Sq Ft |
| 10/25/2019 10/25/19 | Price Changed | $149,900 | -6.3% | $31 / Sq Ft |
| 10/03/2019 10/03/19 | For Sale | $159,900 | -- | $33 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Agents Affiliated with this Home
-
Belinda Mercado
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1868259
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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