$1,100,000 Price Analysis    ♡   Boyne City, MI 49712 3 bed 1 bath 1,600 SqFt ($687/SqFt) Listed 2024-02-15, Taxes $5,178 | May be USDA loan restricted due to income limits near Boyne City |
Rare investment opportunity to acquire two income-producing residences on commercially-zoned development property in the fastest growing area of Charlevoix County Boyne City!
1-mile southeast of downtown and mil from Boyne's Business-Industrial Park, this parcel offers 270 of high-traffic (over 8000 ADT) frontage with 1.89 acres of zoned Regional Industrial/Commercial land. Currently income-producing with 2 fully-renovated homes with 5 total Bedrooms, 2 baths, 2100 sq ft. offering residential and/or commercial usage with 2-car garage, la rge pole barn and studio (which could also become an income-producing ADU or for more commercial storage). Lease and Land Contract options available. Main House Recently renovated, 1600 sq. ft. single-family home with 3 bedrooms, Full Bath, BRAND BRAND NEW Kitchen and Appliances including: gas stove, dishwasher, fridge and washer and dryer.
The dining room connects to the family room, featuring large windows that bring in natural light and enhance the view of the grove of trees surrounding the property. A fence outlines the perimeter of the 1.89 acres and one that encloses the charming backyard covered patio. Guest Cottage Charming, fully-renovated 650 sq. ft single family home/guest house adjacent to main residence which features 2 Bedrooms, 1 full Bathroom, new kitchen and appliances, laundry and more. This house could be sold and moved prior to commercial development. Pole Barn Adjacent to main house, measures 32 x 40, approximately 1280 sq. ft; with 2 sections and a 2 garage doors for convenient access and storage both front and back. Studio/Garage -- Currently unfinished measuring 24 x 16 and over 380 sq. ft which could be converted to an ADU.
Presented by Larry Rellinger at
Rellinger & Associates.
Property MLS #473093 from NorthernMI
Primary Bedroom Dimensions: 13' x 11.6
Bedroom 2 Dimensions: 11.6 x 11.6
Bedroom 3 Dimensions: 10.8 x 12'
Basement Features: Michigan
Family Room Dimensions: 15.5 x 15.5
Full Bathrooms: 1
Map directions Map directionsCable
Ceiling Fans
Dishwasher
Dryer
Garbage Disposal
Mini Blinds
Patio
Paved Drive
Range
Refrigerator
Washer
Wood Floors
Paved Road
Source Listing Status: Active
County: Charlevoix
Source Property Type: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $unknown + $unknown $147,600 | $5,178 |
| 2022 | $unknown + $unknown $125,300 | $7,210 |
| 2021 | $unknown + $unknown $111,700 | $2,492 |
| 2020 | $unknown + $unknown $84,100 | $2,495 |
| 2019 | $unknown + $unknown $81,500 | $2,428 |
| 2018 | $unknown + $unknown $77,900 | $2,378 |
| 2017 | $unknown + $unknown $77,500 | $2,241 |
| 2016 | $unknown + $unknown $70,700 | $2,175 |
| 2015 | $unknown + $unknown $68,500 | $2,110 |
| 2014 | $unknown + $unknown $68,400 | $2,077 |
| 2013 | $unknown + $unknown $73,000 | $2,030 |
| 2012 | $unknown + $unknown $75,700 | $1,980 |
| 2011 | $unknown + $unknown $79,300 | $1,926 |
| 2010 | $unknown + $unknown $86,500 | $1,934 |
| 2009 | $unknown + $unknown $95,400 | $1,500 |
$1,100,000
NorthernMI
Listed 2024-02-15
$1,175,000
NorthernMI
Listing removed 2021-07-10
$0
NorthernMI
Listed 2021-01-25
$249,900
NorthernMI
Listing removed 2021-01-23
$0
NorthernMI
Price Changed 2020-07-02
$294,900
NorthernMI
Price Changed 2019-12-05
$299,900
NorthernMI
Listed 2019-07-02
$349,900
NorthernMI
Other Buildings: Shed, Additional Garage, Pole Barn, Guest House
Construction Materials: Wood Frame/Site Built, One Story
Water Source: Well
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.