• 0 BDRM
  • 0 BTH
  • 8,012 SQ.FT
  • 0′ WF
619 E Eighth Street Traverse City MI 49686
$2,149,900
Status: Sold Co-op Member

Description

Unique 14 Unit Apartment Building in Traverse City. Walk/Bike to Downtown, Beaches, Library, NMC, Schools, etc. Located in NOBO on Eighth Street next to TART trail. Built in 2017! 8 Furnished Units - 6 Unfurnished Units. Two 2 BD - 1BA Units - 12 1BD/1BA Units. Outstanding Opportunity for Short Term, Monthly, Annual Rentals! Various Rents (Some Seasonal). Many Possibilities for this In Town Property in a Key Location Walkable/Bikeable to All TC has to Offer! On BATA Lines for Public Transportation. Newer Clean Property is Managers Dream. 3 Vacation Rental Licenses with City of TC!

Directions

EIGHT STREET IN TRAVERSE CITY.

Disclaimer

Copyright © 2024 Northern Great Lakes Realtors (NGLR) Listing provided by Northern Great Lakes Realtors (NGLR). The information in this listing was gathered from third-party sources including the seller. Home Waters LLC its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Property Listed By

Coldwell Banker Schmidt-402. 402 E Front Street Traverse City MI 49686

About Boardman

Boardman Neighborhood Info

The Boardman neighborhood sits between State Street on the north edge, and Boardman Lake to the south.  This neighborhood, including homes along Boardman Avenue and Washington Street, preserves some of Traverse City’s oldest and most ornate homes, many in the fanciful Queen Anne style.  The Boardman neighborhood is a primarily residential historic district, with approximately 174 structures, the majority of them well-maintained Victorian wood-frame residences covered with clapboard siding. Structures range from lavish houses built for some of the city's most prominent late 19th-century residents to more modest homes originally owned by small businessmen and lumber company employees.

The Boardman area of Traverse City has the TART trail running through the southern edge of this neighborhood, public boat launch access to Boardman Lake, Traverse Area Community Sailing with programs for kids and teens, and some great neighborhood restaurants, cafés, and more.  Find a great microbrewery experience with Filling Station, located in a former railroad depot built in 1927 along the shores of Boardman Lake.  The building has a storied history, and a gorgeous view to enjoy great beers, fresh salads, and housemade wood-fired pizzas.  See more about the history of the railroad industry in Traverse City and "Ales by the Rails" at the Filling Station building here.

The Eighth Street corridor is set to undergo a major streetscape project during the summer of 2019 to enhance the village-within-the-city feel and foster better walk- and bikeability. Learn more here.

Year Units Sold Total Volume Average Sale High Sale Low Sale
2017 17 $6,770,500 $398,265 $770,000 $170,000
2018 16 $5,750,850 $359,428 $930,000 $60,000
2019 23 $6,359,750 $276,511 $766,250 $159,900

 

Real estate evaluation can be a very subjective measure. These properties were chosen based on a simple series of objective numbers and may not actually be very similar to the property being searched. Contact a professional REALTOR for assistance in evaluating any given property.

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(231) 499-8292