901 Butternut Drive, Holland, MI 49424 (MLS# 25054929)

901 Butternut Drive, Holland, MI 49424

$1,250,000
Property Type: Multi Family Lot Size (sq. ft.): 87,556 Status: Pending
Current Price: $1,250,000 List Date: 10/25/2025 Last Modified: 10/28/2025

Description

Welcome to this incredible investment opportunity! This well-maintained 16-unit apartment complex offers a strong rental history with over $15,000 per month in rental income. There are 12 one bedroom units & 4 two bedroom units, making it ideal for both tenants and investors seeking a turnkey property. The complex is conveniently located near shops, restaurants, and quick access to US-31, ensuring a desirable living experience for residents. Inside, each cozy kitchen is filled with natural light and offers space for dining, creating a warm and inviting atmosphere. Additional highlights include covered parking (with availability), in-unit washer/dryer hookups, and wall air-conditioning units for comfort and convenience. Tenants are responsible for electric and gas utilities, minimizing operating costs for the owner. Whether you're expanding your investment portfolio or seeking a stable, income-producing property, this apartment complex delivers exceptional value and opportunity!

More Information MLS# 25054929

Location & Property Info

Cross Streets: Woodland Dr and Riley St Property Sub-Type: 5+ Units Municipality: Holland Twp Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 109.65

General Property Info

New Construction: No Lot Dimensions: 242x315x155x57x40x273x132 Financial Available: No Road Frontage: 242 Cert of Compliance: No Waterfront: No Basement: No Total # Units: 16 # of Diff Unit Floor Plans: 2 Total # Bldgs: 3 Total Approx. SqFt All Bldgs: 11400 Total Parking Spaces: 16 School District: West Ottawa Association YN: No Lot Measurement: Acres Lot Square Footage: 87556 Lot Acres: 2.01 Year Built: 1972

Tax Info

Taxable Value: 242757 SEV: 746700 For Tax Year: 2024 Seller's Annual Property Tax: 11806 Tax Year: 2024 Homestead %: 0 Spec Assessment & Ty: na Tax ID #: 70-16-18-100-011

Remarks & Misc

Public Remarks: Welcome to this incredible investment opportunity! This well-maintained 16-unit apartment complex offers a strong rental history with over $15,000 per month in rental income. There are 12 one bedroom units & 4 two bedroom units, making it ideal for both tenants and investors seeking a turnkey property. The complex is conveniently located near shops, restaurants, and quick access to US-31, ensuring a desirable living experience for residents. Inside, each cozy kitchen is filled with natural light and offers space for dining, creating a warm and inviting atmosphere. Additional highlights include covered parking (with availability), in-unit washer/dryer hookups, and wall air-conditioning units for comfort and convenience. Tenants are responsible for electric and gas utilities, minimizing operating costs for the owner. Whether you're expanding your investment portfolio or seeking a stable, income-producing property, this apartment complex delivers exceptional value and opportunity! Legal: W 446 FT OF N 713.86 FT OF NE 1/4 OF NW 1/4 LYING S OF PINE CREEK AND NE'LY OF BUTTERNUT DR SEC 18 T5N R15W

Waterfront Options

Water Access Y/N: No

Lot Description

Level: 1

Util Avail at Street

Electricity Available: 1

Utilities Attached

Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Mineral Rights

Unknown: 1

Laundry Features

Washer Hookup: 1

Exterior Material

Vinyl Siding: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Wall Unit(s): 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1

Substructure

Slab: 1

Extras

Carports: 1

Owner Pays

Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit #: 1 Unit Description: Unit #1 Occupied: Yes Monthly Rent: 850 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 2

Unit #: 2 Unit Description: Unit #2 Occupied: Yes Monthly Rent: 995 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 3

Unit #: 3 Unit Description: Unit #3 Occupied: Yes Monthly Rent: 850 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 4

Unit #: 4 Unit Description: Unit #4 Occupied: Yes Monthly Rent: 995 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 5

Unit #: 5 Unit Description: Unit #5 Occupied: Yes Monthly Rent: 995 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 6

Unit #: 6 Unit Description: Unit #6 Occupied: Yes Monthly Rent: 850 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 7

Unit #: 7 Unit Description: Unit #7 Occupied: Yes Bedrooms: 1 Bathrooms: 1 Full Baths: 1 Monthly Rent: 850

Unit 8

Unit #: 8 Unit Description: Unit #8 Occupied: Yes Monthly Rent: 850 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 9

Unit #: 9 Unit Description: Unit #9 Occupied: Yes Monthly Rent: 850 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 10

Unit #: 10 Unit Description: Unit #10 Occupied: Yes Monthly Rent: 850 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 11

Unit #: 12 Unit Description: 12 Occupied: Yes Monthly Rent: 995 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 12

Unit #: 14 Unit Description: Unit #14 Occupied: Yes Monthly Rent: 1000 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Ottawa Street #: 901 Street Name: Butternut Suffix: Drive State: MI Zip Code: 49424 Zip (4): 1545 Area: Holland/Saugatuck - H

OfficeContract Info

Status: Pending Current Price: $1,250,000 List Price: $1,250,000 Listing Date: 2025-10-23

Remarks Misc

Directions: S River Ave to N River Ave to Butternut Dr north to home.

Status Change Info

Under Contract Date: 2025-10-28

Property Features

Laundry Features: Washer Hookup Exterior Material: Vinyl Siding Substructure: Slab Lot Description: Level Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Electricity Available Extras: Carports Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Wall Unit(s) Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None
Listing Office: HomeRealty Holland
Listing Agent: Luke Scott Bouman
IDX
Last Updated: October - 28 - 2025
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