NOT LISTED FOR SALE

72476 2nd Ave South Haven, MI 49090

-- Bed
-- Bath
-- Sq Ft
1.1 Acres

Last Sold December 12, 2014

Last sale price $70,000

407 Days on Market

About This Home

As of December 2014

good income property, 2 homes with 2 units in both. lower 2 units rents for $600 each and the upper units rents for $500 each. Across the street from Menards in South Haven. Owner may consider land contract

Last Agent to Sell the Property

Robert Morris

Sun Coast Realty, Inc. License #6502370484 Listed on: 09/27/2013

Co-Listed By

Brian Morris

Sun Coast Realty, Inc. License #6502338654

Last Buyer's Agent

Robert Morris

Sun Coast Realty, Inc. License #6502370484 Listed on: 09/27/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 1.1

Parking

  • 10 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 1.1 Acre Lot

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Buildings

Building Details

  • Insurance Expense $600
  • Operating Expense $7,500
  • Gross Income $26,400
  • Net Operating Income $18,900

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 94900.0
  • Number of Buildings: 4
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Propane, Cable Connected, Public Water, Public Sewer
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.1
  • Lot Size Area: 1.1
  • Lot Size Sq Ft: 47916.0

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 26400.0
  • Insurance Expense: 600.0
  • Net Operating Income: 18900.0
  • Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 1867.0

Range of Values:

Collateral Analytics

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Average Value
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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 List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $70,000 -36.4% --
11/08/2014 11/08/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $110,000 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 13057050

MichRIC