Investment opportunity to own 10 apartment units in highly sought-after Spring Lake. This sale includes a 4 unit building (18270 Swiss) and a 6 unit building (18278 Swiss), on separate parcels. Close to Coast Guard Park, Ottawa Sands, North Beach and many other attractions West Michigan has to offer. There is coin operated laundry in the common areas. With some utilities split, there is a value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense. Rents are below market rates. Many of the units have new paint, flooring and updates. With limited rental product in Spring Lake it makes this an incredible value add opportunity.
Sold
$905,000
18278 Swiss Dr, Spring Lake, MI 49456
18beds
10baths
7,734sqft
5+ Units
Built in ----
-- sqft lot
$1,091,900 Zestimate®
$117/sqft
$1,408 Estimated rent
Home value
$1,091,900
$994,000 - $1.20M
$1,408/mo
Zestimate® history
Owner options
List your home for rent
$1,408/mo
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$1,408/mo
Rent Zestimate®
Refinance and save
$5,580/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,580/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Shawn Jacobs 989-980-7359,
MOXIE Real Estate + Development
Bought with:
Ryan J Kruithoff, 6501309062
West Edge Real Estate LLC
Source: MichRIC,MLS#: 24035859
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 10
Heating
- Radiant
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: Slab,Walk-Out Access
Interior area
- Total interior livable area: 7,734 sqft
Property
Parking
- Total spaces: 10
- Parking features: Asphalt, Driveway, Concrete
Lot
- Size: 0.33 Acres
- Dimensions: 96 x 100
Details
- Parcel number: 700308383002
- Zoning description: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Aluminum Siding, Brick, Wood Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Spring Lake
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2024 | Sold | $905,000-4.7%$117/sqft |
Source:  MichRIC #24035859 Report a problem | ||
| 7/26/2024 | Pending sale | $950,000$123/sqft |
Source: MichRIC #24035859 Report a problem | ||
| 7/12/2024 | Listed for sale | $950,000$123/sqft |
Source: MichRIC #24035859 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 49456
Nearby schools
GreatSchools rating
- 6/10Lake Hills Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 8/10Lakeshore Middle SchoolGrades: 7-8Distance: 2.5 mi
- 6/10Grand Haven High SchoolGrades: 9-12Distance: 5.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,091,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,091,900
- Michigan
- Ottawa County
- Spring Lake
- 49456
- 18278 Swiss Dr
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Nearby neighborhoods
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