NOT LISTED FOR SALE

1018 Abbey Ct Holland, MI 49423

Holland Heights Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.8 Acres

Last Sold March 20, 2014

Last sale price $348,000

174 Days on Market

Highlights

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Heat Pump System

About This Home

As of March 2014

Get some positive cash flow with this investment opportunity, turn-key, multi-family. Great location in Holland Heights area. Twelve units housed under one roof with ample parking, front & back entrances, carports and patio or deck for each unit. Currently this 8520 square foot building is 100% occupied! Financials available for serious buyers only. Allow 48 to 72 hours notice for showings.

Last Agent to Sell the Property

Nora Tan

Greenridge Realty Holland License #6506032917 Listed on: 07/25/2013

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1988

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac

Parking

  • 30 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Heat Pump System
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $3,826
  • Maintenance Expense $8,847
  • Manager Expense $6,313
  • Operating Expense $36,012
  • Gross Income $71,345
  • Net Operating Income $35,332

Property Details

Home Type

Apartment

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 399900.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 30.0

Utilities

  • Heating: Heat Pump
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Size Sq Ft: 34848.0
  • Zoning Description: Commercial

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 71345.0
  • Insurance Expense: 3826.0
  • Maintenance Expense: 8847.0
  • Manager Expense: 6313.0
  • Net Operating Income: 35332.0
  • Number of Units Total: 3
  • Operating Expense: 36012.0

Tax Info

  • Tax Annual Amount: 9858.0

Range of Values:

Collateral Analytics

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $348,000 -13.0% --
01/15/2014 01/15/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $399,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nora Tan

    Seller's Agent in 2014

    Nora Tan

    Greenridge Realty Holland

    (616) 836-7777

    3 in this area

    82 Total Sales

    Nora Tan
    Section Image
  • Kathy Dennison

    Buyer's Agent in 2014

    Kathy Dennison

    Lighthouse Property Management

    (616) 257-9577

    35 Total Sales

    Kathy Dennison
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13044262

Southwestern Michigan Association of REALTORS®
Michigan Ottawa County Holland 49423 Holland Heights

1018 Abbey Ct, Holland, MI

This home is located at 1018 Abbey Ct, Holland, MI 49423 since 25 July 2013. This property was built in 1988. 1018 Abbey Ct is a home located in Ottawa County with nearby schools including Holland Heights Elementary, Holland High School, and Black River Public School Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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