Property Type:
Multi Family
Lot Size (sq. ft.):
72,921
Status:
Sold
Current Price:
$1,890,000
List Date:
6/18/2021
Last Modified:
3/21/2024
287 S Third Avenue, Fruitport, MI 49415
$1,585,000
Description
Here's your chance to own and invest in an established income property situated on over 200ft of Spring Lake frontage! Located in close proximity to Pomona Park and just a short stroll away from Village restaurants, this beautiful compound is booming with even further potential. Currently used for long-term rental income, this property offers SEVEN units (not including the waterfront owner's suite) + 7 garages and an amazing 24'x72' pole barn. The 3 bedroom, 2.5 bath owner's suite has been updated with floor to ceiling windows and a beautiful 3-season room that allows you to enjoy the panoramic views from the comfort of your home all year round. Short-term rentals allowed, consider converting to condos, and/or possible future splits available.
Supplements: This property is the perfect opportunity for the creative investor. Call for details.
More Information MLS# 21023348
Location & Property Info
Cross Streets: Park & Circle
Property Sub-Type: 5+ Units
Municipality: Fruitport Vllg
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 288x206.5x318
Financial Available: Yes
Road Frontage: 288
Waterfront: Yes
Body of Water: Spring Lake
Basement: No
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 18
School District: Fruitport
Lot Measurement: Acres
Lot Square Footage: 72921
Lot Acres: 1.67
Year Built: 1970
Tax Info
Taxable Value: 497500
SEV: 497500
For Tax Year: 2019
Seller's Annual Property Tax: 9205
Tax Year: 2020
Homestead %: 35
Spec Assessment & Ty: None Known
Zoning: R-2
Tax ID #: 41-400-000-0001-00
Remarks & Misc
Legal: VILLAGE OF FRUITPORT HOME PORT SUB LOTS 1 & 2 SEC 36 T9N R16W
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 206
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Channel: 1
No Wake: 1
Private Frontage: 1
Public Access 1 Mile or Less: 1
View: 1
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Septic Tank: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Radiant: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Asphalt: 1
Substructure
Slab: 1
Extras
Garages: 1
Laundry Facility: 1
Sep Electric Meter: 1
Owner Pays
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1 Bed/1 BA
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Unit 2
Unit Description: 1 Bed/1 BA
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Unit 3
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 4
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 5
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 6
Unit Description: 2 Bed/1 BA
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Unit 7
Unit Description: Townhouse
Bedrooms: 2
Bathrooms: 2
Deck/Patio: 1
Unit 8
Unit Description: Owner's Suite
Occupied: Yes
Bedrooms: 3
Bathrooms: 3
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Muskegon
Street #: 287
Street Direction: S
Street Name: Third
Suffix: Avenue
State: MI
Zip Code: 49415
Zip (4): 9655
Area: Muskegon County - M
OfficeContract Info
Status: Sold
Current Price: $1,585,000
List Price: $1,890,000
Listing Date: 2021-06-18
Remarks Misc
Directions: From W Fruitport Rd, South on S 3rd Ave. Property is on West side of Road.
Status Change Info
Under Contract Date: 2022-01-18
Sold Date: 2022-03-11
Sold Price: $1,585,000
Property Features
Water Type: Lake
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Slab
Lot Description: Corner Lot
Sewer: Septic Tank
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Water; Storm Sewer
Extras: Garages; Laundry Facility; Sep Electric Meter
Owner Pays: Trash Collection; Water
Tenant Pays: Electric
Heat Source: Electric
Heat Type: Radiant
Air Conditioning: Window Unit(s)
Driveway: Asphalt
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 7: Deck/Patio
Listing Office:
Five Star Real Estate SL
Listing Agent:
Traci Gresham
Last Updated: March - 21 - 2024
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