$570,000
Pending

18231 Alpine Court

Spring Lake, MI 49456
Browse 21 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Investment opportunity to own 6 apartment units in highly sought-after Spring Lake. Close to Coast Guard Park, Ottawa Sands, North Beach and many other attractions West Michigan has to offer. There is coin operated laundry in the common areas. With some utilities split, there is a value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense. Most rents are below market rates. Many of the units have new paint, flooring and updates. With limited rental product in Spring Lake it makes this an incredible value add opportunity.

  • Interior Details
      • CoolingWall Unit(s)
      • HeatingRadiant
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1971
  • Community and Neighborhood Details
      • RegionSpring Lake Twp
      • ZoningMulti-Family
      • School DistrictGrand Haven
      • CountyOttawa
  • Financial Details
      • Original List Price$570,000
  • Other
      • MLS #65024033470

Location

Alexis ThompsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00