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16400 Hickory Street Spring Lake, MI 49456
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Key Details
Sold Price $279,900
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Spring Lake Twp
MLS Listing ID 20024352
Sold Date 07/16/20
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1988
Lot Size 2.280 Acres
Acres 2.28
Lot Dimensions 110x904
Property Description
Great investment opportunity in Spring Lake School District. A stones throw away from the access to Spring Lake. This Duplex is turn key with all the important investments done for you. New roof in 2017, new furnace, A/C units, and water heaters on both sides. Sitting on 2.28 acres, and a privacy fence between the units decks, you will feel like your living out in the country by yourself. 2 bed 1 bath unit has long term renter in it who pays 900 a month. Owner occupied, 3 bed, 2 full bath unit is delightfully redone with new paint, vinyl plank flooring throughout main floor, with beautiful included stainless steel appliances. The potential rent opportunity for this side could top $1,500 per month, making this building a cash cow, earning you a potential of approx. 30,000 a year for both units. Or, live on one side and have the other side help with your payments, another option would be to easily convert into a single family home. The possibilities are endless! Schedule your showing today opportunities like this in Spring Lake do not come around often! The potential rent opportunity for this side could top $1,500 per month, making this building a cash cow, earning you a potential of approx. 30,000 a year for both units. Or, live on one side and have the other side help with your payments, another option would be to easily convert into a single family home. The possibilities are endless! Schedule your showing today opportunities like this in Spring Lake do not come around often!
Location
State MI
County Ottawa
Area North Ottawa County - N
Direction W on Hemclock S on W spring lake rd, W on Hickory, house will be on your left.
Rooms
Basement Crawl Space
Interior
Heating Propane, Forced Air
Cooling Central Air
Fireplaces Number 1
Exterior
View Y/N No
Roof Type Composition
Street Surface Paved
Handicap Access 36 Inch Entrance Doo, 36' or + Hallway
Total Parking Spaces 3
Building
Lot Description Wooded
Sewer Septic System
Structure Type Brick, Vinyl Siding
New Construction No
Schools
School District Spring Lake
Others
Tax ID 700303300046
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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