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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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5459 Coan St NE , Sand Lake, MI 49343
$299,900
Est. Payment: $666.44/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 104
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Mark S Hoskins , 616-893-9422 and Christopher M Kuriata , 269-277-6554 Berkshire Hathaway HomeServices Michigan Real Estate (Rock) , 616-866-1212.

Property Type

Multi-Family
Lot/Acreage
1.67

Year Built

1940

County

Kent

 School District

Cedar Springs

Listing ID

26015301

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Crawl Space
Water:Well

Exterior Features

Lot:Level,Corner Lot
Garage Capacity:4
Roof:Composition
Sewer:Septic Tank
Parking Features:Unpaved
Principal Interest
$666
Taxes
$176

Home Price

$299,900

Loan Details

30 yrs
%

Down Payment

20%
$59,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.44 $175.83 $0.00 $842.28
Yearly $7,997.33 $2,110.00 $0.00 $10,107.33
Total $239,920.00 $63,300.00 $0.00 $303,220.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Sand Lake, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.