$570,000
$570,000
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0.61 Acres Lot
SOLD DATE : 08/29/2024
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Spring Lake Twp
MLS Listing ID 24033470
Sold Date 08/29/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1971
Annual Tax Amount $5,082
Tax Year 2023
Lot Size 0.607 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 North Ottawa County - N
Direction N Shore Rd to Parkwood Dr. Left on Alpine Dr.
Rooms
Basement Slab, Walk Out
Interior
Heating Radiant
Cooling Wall Unit(s)
Fireplaces Number 1
Exterior
Parking Features Asphalt, Driveway
Utilities Available Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
View Y/N No
Roof Type Composition
Total Parking Spaces 12
Building
Sewer Public Sewer
Structure Type Aluminum Siding,Brick,Wood Siding
New Construction No
Schools
School District Grand Haven
Others
Tax ID 70-03-08-381-013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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