$570,000
$570,000
For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
0.61 Acres Lot
SOLD DATE : 08/29/2024
Key Details
Sold Price $570,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024033470
Sold Date 08/29/24
Bedrooms 6
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1971
Annual Tax Amount $5,082
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 135 X 175
Property Description
Investment opportunity to own 6 apartment units in highly sought-after Spring Lake. Close to Coast Guard Park, Ottawa Sands, North Beach and many other attractions West Michigan has to offer. There is coin operated laundry in the common areas. With some utilities split, there is a value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense. Most rents are below market rates. Many of the units have new paint, flooring and updates. With limited rental product in Spring Lake it makes this an incredible value add opportunity.
Location
State MI
County Ottawa
Area Spring Lake Twp
Zoning Multi-Family
Direction N Shore Rd to Parkwood Dr. Left on Alpine Dr.
Rooms
Basement Walkout Access
Interior
Interior Features Other, Laundry Facility, Cable Available
Heating Radiant
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 12.0
Pool No
Waterfront no
Roof Type Composition
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal), Water at Street
Structure Type Aluminum,Brick,Wood
Schools
School District Grand Haven
Others
Pets Allowed Yes
Tax ID 700308381013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 Realcomp II Ltd. Shareholders
Bought with Greenridge Realty (Cascade)