$1,585,000
Fruitport, MI 49415
MLS# 21023348
Status: Sold
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Property Description
Here's your chance to own and invest in an established income property situated on over 200ft of Spring Lake frontage! Located in close proximity to Pomona Park and just a short stroll away from Village restaurants, this beautiful compound is booming with even further potential. Currently used for long-term rental income, this property offers SEVEN units (not including the waterfront owner's suite) + 7 garages and an amazing 24'x72' pole barn. The 3 bedroom, 2.5 bath owner's suite has been updated with floor to ceiling windows and a beautiful 3-season room that allows you to enjoy the panoramic views from the comfort of your home all year round. Short-term rentals allowed, consider converting to condos, and/or possible future splits available.
Details
Maps
Location Property Info
County: Muskegon
Street #: 287
Street Direction: S
Street Name: Third
Suffix: Avenue
State: MI
Zip Code: 49415
Zip (4): 9655
Area: Muskegon County - M
OfficeContract Info
Status: Sold
Current Price: $1,585,000
List Price: $1,890,000
Listing Date: 2021-06-18
General Property Info
Lot Measurement: Acres
Lot Square Footage: 72921
Lot Acres: 1.67
Lot Dimensions: 288x206.5x318
Year Built: 1970
New Construction: No
Financial Available: Yes
Road Frontage: 288
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 18
Waterfront: Yes
Body of Water: Spring Lake
School District: Fruitport
Tax Info
Tax ID #: 41-400-000-0001-00
Taxable Value: 497500
SEV: 497500
For Tax Year: 2019
Seller's Annual Property Tax: 9205
Tax Year: 2020
Homestead %: 35
Spec Assessment & Ty: None Known
Zoning: R-2
Remarks Misc
Directions: From W Fruitport Rd, South on S 3rd Ave. Property is on West side of Road.
Status Change Info
Under Contract Date: 2022-01-18
Sold Date: 2022-03-11
Sold Price: $1,585,000
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 206
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 1 Bed/1 BA
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Unit 2
Unit Description: 1 Bed/1 BA
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Unit 3
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 4
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 5
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 6
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 7
Unit Description: Townhouse
Bedrooms: 2
Bathrooms: 2
Unit 8
Unit Description: Owner's Suite
Occupied: Yes
Bedrooms: 3
Bathrooms: 3
Property Features
Water Type: Lake
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Slab
Lot Description: Corner Lot
Sewer: Septic Tank
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Water; Storm Sewer
Extras: Garages; Laundry Facility; Sep Electric Meter
Owner Pays: Trash Collection; Water
Tenant Pays: Electric
Heat Source: Electric
Heat Type: Radiant
Air Conditioning: Window Unit(s)
Driveway: Asphalt
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 7: Deck/Patio
Supplements
This property is the perfect opportunity for the creative investor. Call for details.
Listing Office: Five Star Real Estate SL
Listing Agent: Traci Gresham
Last Updated: March - 21 - 2024
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