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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$895,000

Est. payment - /mo

8,712 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 71026026763

Year Built 1908

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type MultiFamily

Property Description

Exceptional investment opportunity in the heart of downtown Grand Haven! This well-maintained 5-unit multifamily property is ideally situated along the city's renowned parade route and just moments from the waterfront, shopping, dining, restaurants, and year-round community events. Each unit has been thoughtfully updated with fresh paint, updated light fixtures, new flooring, and updated appliances, creating an attractive and move-in-ready living experience for tenants. Significant capital improvements have been completed throughout ownership, including a new roof approximately five years ago, a newly constructed front porch with new roof, Anderson 800 Series windows in the bay area of Unit #1, replacement windows throughout the property, a new furnace, five mini-split systems, updated air conditioning components, underground sprinkling, and a new composite side deck.The detached garage provides two covered parking spaces, while the property offers a total of 7 dedicated parking spaces, an invaluable amenity in downtown Grand Haven.

The sale includes furnishings currently within unit 5, providing additional value and convenience for the next owner. Unit #5 commands a premium rental rate compared to the other units. Contact our office for current rental income information, Unit #5 rental details, operating expenses, and additional property information. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset in one of West Michigan's most desirable lakeshore communities, this is an opportunity you won't want to miss.

Location

State MI

County Ottawa

Area Area70024Grandhaven

Rooms

Basement Partial

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry InUnit

Exterior

Parking Features Garage, Paved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Grand Haven

Others

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26026763

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Listed by Brian David Klingel of Coldwell Banker Woodland Schmidt Grand Haven

Nearby Locations

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Erin Raetz

+1(586) 996-8410

308 Franklin ST Grand Haven City, MI 49417

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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