Spring Lake Twp, MI 49456,18278 Swiss Drive
$905,000
$950,000
4.7%
Est.Price: ?

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10 BD
0.33 Acres Lot

18278 Swiss Drive Spring Lake Twp, MI 49456

Est. payment /mo
SOLD DATE : 09/17/2024

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Key Details

Sold Price $905,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65024035859

Sold Date 09/17/24

Bedrooms 10

Originating Board Greater Regional Alliance of REALTORS®

Annual Tax Amount $8,618

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 96 X 100

Property Description

Investment opportunity to own 10 apartment units in highly sought-after Spring Lake. This sale includes a 4 unit building (18270 Swiss) and a 6 unit building (18278 Swiss), on separate parcels. 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. 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 Spring Lake Twp

Zoning Multi-Family

Direction N Shore Rd to Parkwood Dr. Left on Alpine Dr.

Rooms

Basement Walkout Access

Interior

Interior Features Other, Laundry Facility, Cable Available

Heating Radiant

Cooling Wall Unit(s), Window Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 10.0

Garage no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Aluminum,Brick,Wood

Schools

School District Grand Haven

Others

Pets Allowed Yes

Tax ID 700308383002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Shawn Jacobs of MOXIE Real Estate + Development
Bought with Five Star Real Estate Lakeshore LLC

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Carrie Thompson

Digital Marketing Realtor | License ID: 6501338662

+1(810) 893-3269

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