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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Coopersville City
MLS Listing ID 22006049
Sold Date 07/05/22
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1920
Annual Tax Amount $5,100
Tax Year 20214
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 80x278x142x60x131
Property Description
Come see this elegant colonial style 3 Unit rental in the city of Coopersville. Very close drive to Grand Rapids and right off the highway. All three units have great rental history and all are currently occupied by tenants that always pay on time. All three units are extremely clean and have been well maintained by excellent tenants. Each unit is tastefully updated. Two units have 2 bedrooms and 1 bath. The third unit has 1 bedroom and 1 bath. One unit has a laundry room. Each unit has its own entry. Landlord only pays natural gas and city water. Each tenant has their own electric meter. Current rent amounts are 875,825, and 500 (this rent amount has stayed the same for at least 8 years and can be significantly increased to match today's demand.) This investment opportunity also features a massive city lot, .69 acres! Come see the large oversized scenic backyard. It also has a 3 stall garage in the backyard as well as paved off street parking. Very rare opportunity here to buy an investment property that is in excellent shape and where rent is in high demand. This investment opportunity also features a massive city lot, .69 acres! Come see the large oversized scenic backyard. It also has a 3 stall garage in the backyard as well as paved off street parking. Very rare opportunity here to buy an investment property that is in excellent shape and where rent is in high demand.
Location
State MI
County Ottawa
Area North Ottawa County - N
Direction I-96 to 48th st, north to Ironwood, west to Eastmanville, north to home.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Garage Concrete, Driveway, Paved
Utilities Available Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Cable Available, Broadband Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Parking Type Concrete, Driveway, Paved
Total Parking Spaces 6
Building
Lot Description Level
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Coopersville
Others
Tax ID 700523453015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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