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$649,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025053041
Year Built 1930
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type MultiFamily
Property Description
Prime investment opportunity in downtown Coopersville. Recently renovated with nearly $200K in updates, this turnkey 4-unit offers strong, stable cash flow. Originally built as a hospital in the 1930s, this multi-family property features four spacious units with varied floor plans and a common area. Layout could easily be reconfigured to add additional bedrooms, enhancing income potential. An attached workshop provides additional rental opportunities or practical storage use. Large back parking lot has been newly paved. Coin laundry includes two washers and two dryers. Tenants responsible for utilities. Fully occupied - $6,725 total monthly rent.
Location
State MI
County Ottawa
Area Area70042Coopersville
Rooms
Basement Full
Interior
Heating ForcedAir, NaturalGas
Laundry CommonArea
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Building
Sewer PublicSewer, SewerAtStreet
Water Public
New Construction No
Schools
High Schools Coopersville
School District Coopersville
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Olivia Meyers of Bellabay Realty (SW)
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