287 S Third Avenue, Fruitport, MI 49415 (MLS# 21023348)

287 S Third Avenue, Fruitport, MI 49415

$1,585,000

Possible Split Available - Call For Details

Property Type: Multi Family Lot Size (sq. ft.): 72,921 Status: Sold

Current Price: $1,585,000 List Date: 6/18/2021 Last Modified: 3/21/2024

Overview

Description

Here's your chance to own and invest in an established income property situated on over 200ft of Spring Lake frontage! Located in close proximity to Pomona Park and just a short stroll away from Village restaurants, this beautiful compound is booming with even further potential. Currently used for long-term rental income, this property offers SEVEN units (not including the waterfront owner's suite) + 7 garages and an amazing 24'x72' pole barn. The 3 bedroom, 2.5 bath owner's suite has been updated with floor to ceiling windows and a beautiful 3-season room that allows you to enjoy the panoramic views from the comfort of your home all year round. Short-term rentals allowed, consider converting to condos, and/or possible future splits available.

Supplements: This property is the perfect opportunity for the creative investor. Call for details.

Listing Details MLS# 21023348

Location Property Info

County: Muskegon
Street #: 287
Street Direction: S
Street Name: Third
Suffix: Avenue
State: MI
Zip Code: 49415
Zip (4): 9655

General Property Info

Lot Measurement: Acres
Lot Square Footage: 72921
Lot Acres: 1.67
Lot Dimensions: 288x206.5x318
Year Built: 1970
New Construction: No
Financial Available: Yes
Road Frontage: 288
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 18
Waterfront: Yes
Body of Water: Spring Lake
School District: Fruitport
Basement: No

Tax Info

Tax ID #: 41-400-000-0001-00
Taxable Value: 497500
SEV: 497500
For Tax Year: 2019
Seller's Annual Property Tax: 9205
Tax Year: 2020
Homestead %: 35
Spec Assessment & Ty: None Known
Zoning: R-2

Remarks Misc

Directions: From W Fruitport Rd, South on S 3rd Ave. Property is on West side of Road.

Status Change Info

Under Contract Date: 2022-01-18
Sold Date: 2022-03-11

More Information

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 206

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 1 Bed/1 BA
Occupied: Yes
Bathrooms: Yes

Unit 2

Unit Description: 1 Bed/1 BA
Occupied: Yes
Bathrooms: Yes

Unit 3

Unit Description: 2 Bed/1 BA
Occupied: Yes
Bathrooms: Yes

Unit 4

Unit Description: 2 Bed/1 BA
Occupied: Yes
Bathrooms: Yes

Unit 5

Unit Description: 2 Bed/1 BA
Occupied: Yes
Bathrooms: Yes

Unit 6

Unit Description: 2 Bed/1 BA
Occupied: Yes
Bathrooms: Yes

Unit 7

Unit Description: Townhouse
Bathrooms: 2
Deck/Patio: Yes

Unit 8

Unit Description: Owner's Suite
Occupied: Yes
Bathrooms: 3

Location & Property Info

Cross Streets: Park & Circle
Property Sub-Type: 5+ Units
Area: Muskegon County - M
Municipality: Fruitport Vllg

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Legal: VILLAGE OF FRUITPORT HOME PORT SUB LOTS 1 & 2 SEC 36 T9N R16W

Water Type

Lake: Yes

Water Fea. Amenities

All Sports: Yes
Channel: Yes
No Wake: Yes
Private Frontage: Yes
Public Access 1 Mile or Less: Yes
View: Yes

Lot Description

Corner Lot: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Septic Tank: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Electric: Yes

Sale Conditions

None: Yes

Heat Type

Radiant: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

Electric: Yes

Driveway

Asphalt: Yes

Substructure

Slab: Yes

Extras

Garages: Yes
Laundry Facility: Yes
Sep Electric Meter: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Water Type: Lake Exterior Material: Wood Siding Roofing: Composition Substructure: Slab Lot Description: Corner Lot Sewer: Septic Tank Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Water; Storm Sewer Extras: Garages; Laundry Facility; Sep Electric Meter Owner Pays: Trash Collection; Water Tenant Pays: Electric Heat Source: Electric Heat Type: Radiant Air Conditioning: Window Unit(s) Driveway: Asphalt Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 7: Deck/Patio

Listing Office: Five Star Real Estate SL

Listing Agent: Traci Gresham

Last Updated: March - 21 - 2024

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.