514 E Eighth St, Traverse City, MI 49686

514 E Eighth St

Traverse City, Michigan 49686

$440,000

10 Beds

6 Baths

1,757 SQ. FT.

4,356 Sq. Ft. Lot

514 E Eighth St

Traverse City, Michigan 49686

$440,000

10 Beds

6 Baths

1,757 SQ. FT.

4,356 Sq. Ft. Lot

Overview

Investors 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.