5459 Coan Street NE, Sand Lake, MI 49343

$309,900

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List Price
$309,900
Price Change
▼ $10,000 1786043326
Days on Market
123
MLS#
26015301
Status
ACTIVE
Type
Multifamily

Property Description

Rare Multi-Unit Investment Opportunity on 1.67 Acres Discover versatile income potential with this unique multi-dwelling property perfectly situated between Cedar Springs and Sand Lake. The main residence is an updated duplex featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Major updates provide peace of mind, including a new roof (2023) and two new gas water heaters (2023). The property also includes a 2-bedroom, 1-bath mobile home with its own septic system; while it requires new flooring and minor updates, it offers immediate value-add potential. Storage and additional revenue streams abound with a massive 40x60 pole barn (new roof 2025) and a 2-story garage with a hip roof. Units feature separate utilities (shared septic for the main house). Whether you are looking to expand your portfolio or live in one unit while offsetting your mortgage, this expansive property offers the infrastructure and acreage to succeed.

Additional Information

Owner Pays
None
Taxes
$2,110
Acres
1.67
Basement
Crawl Space
Heating
Forced Air
Roofing
Composition
School District
Cedar Springs
Sewer
Septic Tank
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
Water
Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mark S Hoskins from Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (Rock).

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