630-316 S Garfield Avenue # 316, Traverse City, MI 49686

$346,500 Asking Price

2 beds
2 baths
897  sqft
Built in 2017

Step right in and begin operations with this Turn Key offering. If you have been looking for a condo to use as an investment property or something you can use and take advantage of the STR capabilities to offset the costs, look no further. Are you an investor looking to self manage and take advantage of the bonus depreciation before the year ends? If so, this condo is perfect. Purchase, close, and place into operation before the year ends to leverage the massive tax savings short term rentals offer to people who self manage. As always, consult your accountant as I am not one. The open floor plan, balcony, and location in relation to the TART trail and town make this condo a must see.

Features & Amenities

Interior

General:
Entrance Foyer, Walk-In Closet(s), Solid Surface Counters, Ceiling Fan(s), Cable TV, High Speed Internet
Appliances:
Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Electric Water Heater
Laundry:
Main Level
Basement:
Interior Entry, Storage Space
Flooring:
Other, Carpet
A/C:
true, Central Air, Electric
Heating:
true, Forced Air, Heat Pump
Fireplace:
None
Disability Feature:
Handicap Access, Accessible Hallway(s), Accessible Entrance, Accessible Elevator Installed

Exterior

General:
Sprinkler System, Balcony, Sidewalk, Garden
Style:
Other
Parking:
Asphalt, Shared Driveway, Assigned, None

Construction

Roofing:
Other
Windows:
Blinds
General:
Frame, Brick, Block, 1

Location

HOA Amenities:
Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Heat, Maintenance Structure, Liability Insurance, Fire Insurance, 4200.0, Annually
Originating MLS:
NGLRMLS API
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Zoning:
DIST:51 CITY/MUNI/TWP:TRAVERSE CITY UNIT 316 - TRAILSIDE 45 3RD FLOOR CONDOMINIUM GTC CONDO SUB PLAN NO 477 2021C-00041 MASTER DEED FILED JULY 15, 2021. 2021C-00

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NGLRMLS API
Ownership:
Private Owner

This listing courtesy of:
The Mitten Real Estate Group, Trent Sims

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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