NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
5.11 Acres

Last Sold January 05, 2024

Last sale price $1,875,000

6 Days on Market

Highlights

  • 5.11 Acre Lot
  • Baseboard Heating
  • Laundry Facilities
  • 9 Fireplaces

About This Home

As of January 2024

36 Unit apartment complex, 9 buildings with 3 two bedroom and 1 one bedroom apartments in each. Coin operated laundry for each building which is maintained by a third party. Pole building in the back of the property for owner use. Previous approval to add two more buildings. City water service and septic system. All new water lines were installed two years ago and water shutoffs installed in the laundry rooms of each building. Roofs on all 10 buildings are 5 years old. All units have electric baseboard heat and their own water heater. There is no gas service to the property.

Last Agent to Sell the Property

Tammy Halterman Realtor

Five Star Real Estate License #6501339815 Listed on: 09/09/2023

Five Star Real Estate

Last Buyer's Agent

Brock Carlston

Nexes Realty Muskegon License #6501370180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,689

Year Built

  • Built in 1977

Lot Details

  • 5.11 Acre Lot

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 9 Fireplaces
  • Crawl Space

Utilities

  • Baseboard Heating
  • Septic System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water

Community Details

Overview

  • 9 Buildings
  • 36 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,689

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1977
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 470 X 388 X Irr
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 20689.0
  • General Property Info:Total _pound_ Units: 36
  • General Property Info:Total _pound_ Bldgs: 9.0
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Public Water: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 9
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 2500000.0
  • Number of Buildings: 9
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Heating: Baseboard, Electric
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Public Water Available, Electric Available, Electric Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 5.11
  • Lot Size Area: 5.11
  • Lot Dimensions: 470 X 388 X Irr
  • Lot Size Sq Ft: 222805.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 36

Tax Info

  • Tax Annual Amount: 20689.0
  • Tax Year: 2022

Range of Values:

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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
01/05/2024 01/05/24 Sold $1,875,000 -25.0% --
09/15/2023 09/15/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $2,500,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23133399

Southwestern Michigan Association of REALTORS®