Properties for sale in Michigan

Overview

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.

Location Property Info

County: Kent
Street #: 5459
Street Name: Coan
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49343

General Property Info

Lot Measurement: Acres
Lot Square Footage: 72745
Lot Acres: 1.67
Lot Dimensions: Irr
Year Built: 1940
New Construction: No
Cert of Compliance: No
Road Frontage: 613
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 4
Total Parking Spaces: 4
Waterfront: No
School District: Cedar Springs
Basement: No

Tax Info

Tax ID #: 410318200014
Taxable Value: 82490
SEV: 100600
For Tax Year: 2025
Seller's Annual Property Tax: 2110
Tax Year: 2024
Spec Assessment & Ty: N/A
Zoning: Commercial
Homestead %: 0

Remarks Misc

Directions: Northland dr to Coan St NE. NE Corner

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: LR, DA, Kitchen, Bat
SqFt: 850
Occupied: No
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes
A/C Unit: Yes
Central Air: Yes
Garage: Yes
Refrigerator: Yes
Sep. Heat System: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: Kitchen, DA, LR, BR,
SqFt: 714
Occupied: No
Monthly Rent: 1000
Bathrooms: Yes
Full Baths: Yes
A/C Unit: Yes
Central Air: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Unit 3

Unit #: 3
Unit Description: Mobile Home
SqFt: 696
Occupied: No
Monthly Rent: 1000
Bathrooms: Yes
Full Baths: Yes
Sep. Heat System: Yes
W/D Hookup: Yes

Location & Property Info

Cross Streets: Coan/Northland Drive
Property Sub-Type: 2 to 4 Units
Municipality: Nelson Twp

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: 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.
Legal: THAT PART OF S 230 FT OF W 19 A. OF NE 1/4 NE 1/4 LYING ELY OF ELY LINE OF NORTHLAND DR EX E 100 FT * SEC 18 T10N R10W 1.67 A.

Lot Description

Corner Lot: Yes
Level: Yes

Street Type

Paved: Yes

Util Avail at Street

None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Shared Unpaved: Yes
Unpaved: Yes

Substructure

Crawl Space: Yes

Extras

Garages: Yes
Laundry Facility: Yes
Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

None: Yes

Possession

Close Of Escrow: Yes

Property Features

Exterior Material: Vinyl Siding Roofing: Composition Substructure: Crawl Space Lot Description: Corner Lot; Level Sewer: Septic Tank Water: Well Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter Owner Pays: None Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Shared Unpaved; Unpaved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Central Air; Garage; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer Unit 2: A/C Unit; Central Air; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer Unit 3: Sep. Heat System; W/D Hookup

5459 Coan Street NE, Sand Lake, MI 49343