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Key Details
Sold Price $393,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Grand Haven City
MLS Listing ID 24019692
Sold Date 06/26/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1972
Annual Tax Amount $5,810
Tax Year 2024
Lot Size 8,077 Sqft
Acres 0.19
Lot Dimensions 61 x 132
Property Description
Step into a prime investment opportunity with the dual-income producing duplex at 1642-1644 Pennoyer Ave in the scenic town of Grand Haven, Michigan. This property stands out with its fully furnished units and comprehensive renovations, designed to attract both mid-term and long-term renters. On one side, enjoy the flexibility of a mid-term rental that boasts stylish furnishings included in the sale, generating $2,800 monthly during the chillier winter months and up to $4,000 in the vibrant summer season, based on 28+ day stays. The other side offers a stable $1,600 monthly from long-term leasing.
Every inch of this duplex reflects quality and modern taste, with brand-new appliances, sleek quartz countertops, freshly painted interiors, chic painted cabinets, durable new flooring, completely revamped bathrooms including contemporary vanities and sinks, and efficient replacement windows enhancing both comfort and aesthetic appeal.
Located just a short stroll from Grand Haven's bustling downtown, tenants have quick access to gourmet dining spots like The Kirby Grill and Pronto Pup, plus endless leisure activities including boating and beach outings at Grand Haven Beach. Whether it's savoring sunset views by the Grand Haven Pier or exploring local shops, this property is ideally positioned to provide a lifestyle that's both relaxing and invigorating.
Make a smart move by investing in this turnkey property where every detail has been curated to maximize comfort, style, and rental income. An excellent addition to any real estate portfolio, this duplex promises to be a continual source of revenue and a gateway to the charming life in Grand Haven. completely revamped bathrooms including contemporary vanities and sinks, and efficient replacement windows enhancing both comfort and aesthetic appeal.
Located just a short stroll from Grand Haven's bustling downtown, tenants have quick access to gourmet dining spots like The Kirby Grill and Pronto Pup, plus endless leisure activities including boating and beach outings at Grand Haven Beach. Whether it's savoring sunset views by the Grand Haven Pier or exploring local shops, this property is ideally positioned to provide a lifestyle that's both relaxing and invigorating.
Make a smart move by investing in this turnkey property where every detail has been curated to maximize comfort, style, and rental income. An excellent addition to any real estate portfolio, this duplex promises to be a continual source of revenue and a gateway to the charming life in Grand Haven.
Location
State MI
County Ottawa
Area Holland/Saugatuck - H
Direction Waverly to Beechtree, North on Beechtree to Pennoyer, East on Pennoyer to address.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Laundry Gas Dryer Hookup, In Basement, Laundry Closet, Laundry Room, Washer Hookup
Exterior
Garage Paved
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
Waterfront No
View Y/N No
Street Surface Paved
Parking Type Paved
Total Parking Spaces 4
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Haven
Others
Tax ID 70-03-27-102-009
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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