NOT LISTED FOR SALE

305 Stratford Way Unit 1-4 Holland, MI 49423

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

Last Sold June 28, 2024

Last sale price $558,000

15 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of June 2024

Well maintained, fully rented 4 unit apartment building nicely located at the end of Stratford Way. Each unit has 2 bedrooms, one bathroom with a window, a carport, and deck or patio. All come with kitchen appliances as well as in-wall air conditioning units. Main floor common laundry complete with newer coin-operated washer and dryer. New boiler heating system and hot water heater installed in 2022, new roof (complete tear off) approximately 5 years old. City rental certificate good through 2025. Excellent long-term rental history and currently month-to-month leases for all units. Building sits on a large lot with spacious parking, 5 additional outdoor parking spaces and large green space behind the carport. 24 hour notice required for showings.

Last Agent to Sell the Property

Cindy Grodus

Coldwell Banker Woodland Schmidt License #6501410476 Listed on: 05/02/2024

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Rene Guzman

1st Advantage Realty License #6501383944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 1985

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100 x 216
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Parking

  • 9 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Building Details

  • Insurance Expense $924
  • Maintenance Expense $165
  • Utility Expense $3,420
  • Net Operating Income $12,624

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,085

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1985
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 569900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 9.0
  • General Property Info:Total Parking Spaces: 9.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Laundry Features: Common Area, Gas Dryer Hookup, Main Level, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Dimensions: 100 x 216
  • Lot Size Sq Ft: 20909.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 924.0
  • Maintenance Expense: 165.0
  • Net Operating Income: 12624.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4085.0
  • Tax Year: 2023

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
06/28/2024 06/28/24 Sold $558,000 -2.1% --
05/17/2024 05/17/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $569,900 -- --
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: 24021495

Southwestern Michigan Association of REALTORS®