$400,000
$375,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
0.42 Acres Lot
SOLD DATE : 09/09/2024
Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 71024040308
Sold Date 09/09/24
Bedrooms 1
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1986
Annual Tax Amount $3,120
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 100 x 183
Property Description
Great investment or owner occupant opportunity at 320-322 Felch! Unit 320 features 2 bedrooms on the main, a finished basement with additional bedroom, new furnace, water heater, windows, and permits for egress window installation. It is currently rented for $1,600 per month, with the lease expiring next month. Unit 322 includes a comfortable 2-bedroom setup with a partially finished basement and opportunity to add an egress and 3rd bedroom and a new water heater, rented at $1,600 per month on a month-to-month lease. Both units received rental certification in July 2024, ensuring compliance with local regulations. With a combined rental income of $3,200 per month, this property presents an excellent investment opportunity in a prime location.
Location
State MI
County Ottawa
Area Holland Twp
Direction N of James between Butternut and 136th Ave
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 2.0
Pool No
Waterfront no
Accessibility Accessible Doors, Other Accessibility Features
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Vinyl
Schools
School District West Ottawa
Others
Pets Allowed Yes
Tax ID 701618400094
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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