$ 895,000
-
$895,000
Price -
5
Bed -
0.2
Acre
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About the Listing 712654226593 - 71142721623127
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement:
- Other: Laundry Facility,Cable Available,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 5
- Lot Dimensions: .2 acres
- Zoning: Other
- Roof: Composition
- Others: Aluminum,Paved,Pub. Sidewalk
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
- Parking Features: Garage,Paved
Financial Details
- Tax Amount: $10,362
- Taxes w/Assessments: N/A
- Tax/Property ID: 700320476003
- Tax Year: N/A
Payment Calculator
Monthly Payment
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308 Franklin St Grand Haven, MI 49417
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