514 E Eighth Street

Traverse City, Michigan 49684

  • 0 Bed(s)
  • 0 Bath(s)
  • 437 Sqft
  • 0.1
    Acre(Lot)
$440,000

Description

Investorsâ€"get ready! don't miss this incredible opportunity to own a 3-unit multi-family home located in the heart of nobo (north boardman), a vibrant residential neighborhood in downtown traverse city. just one block from hull park and the tc public library, this property offers prime access to boardman lake. there are grassy picnic areas, benches, a small pavilion, and a butterfly garden filled with sculptures. the scenic boardman loop trail meanders along a four-mile paved walkway through wooded paths that completely encircle the lake. the basement has been structurally reinforced, and the egress windows were repaired. the main floor was leveled. one chimney was removed entirely, while the remaining chimney was professionally capped. a new fence was added to the east side of the backyard. gravel was placed in the parking area to improve both function and appearance. inside, the staircase carpet has been replaced, and the entryway was upgraded with hook-ups to accommodate a w/d. keyless entry systems were installed at the front and back doors for convenience and security. the sewer line was scoped and cleaned to ensure optimal performance. the main-level unit was repainted entirely, and the floors were replaced with high-quality luxury vinyl plank. all interior doors were replaced, and new hardware was installed throughout. updated lighting fixtures were added in every room, and all window treatments, including blinds and drapes, are brand new. in the bathroom, the toilet was replaced. the kitchen underwent a complete renovation, including brand new cabinetry, new countertops, a stylish backsplash, new sink and fixtures, a modern ventilation hood, and a new refrigerator and microwave. with its unbeatable location and proximity to parks, recreation, and downtown amenities, this is a smart investment for anyone looking to expand their real estate portfolio.

  • Property Type

    Multifamily

  • County

    Grand Traverse

  • Style

    Victorian

  • AD ID

    49702622

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Property Details

  • Room Information

    • Porches: Patio

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1896
    • Building Stories: 2 Story
    • Total Units: 3
    • Foundation/Basement: Basement,Michigan Basement
    • Architecture: Victorian

    Exterior Features

    • Construction: Wood

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.10
    • Dimensions: 27x164x25x165

    Property Information

    • SQ ft: 437
    • Subdivision: Boardman Oak Park
    • Financing: Cash,Trade/Exchange

  • Listing Price Information

    • Original List Price: $440,000

    Listing Information

    • Possession: At Close
    • Legal Description: LOT 6, BLK 2 HANNAH LAY & CO'S 5TH ADD

  • Tax Information

    • Parcel Number: 285163400600

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: LOT 6, BLK 2 HANNAH LAY & CO'S 5TH ADD

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/16/2025 @ 18:21

  • MLS: 626884430
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 437 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.