710 E Main Street, Hart, MI 49420

$2,000,000
Property Type: Multi Family Lot Size (sq. ft.): 283,140 Status: Sold
Current Price: $2,200,000 List Date: 6/20/2018 Last Modified: 10/20/2021

Overview

Description

Excellent investment opportunity. 48 unit rental complex walking distance to: downtown Hart, Hart Lake, council on aging, public park. This is a rent subsidized complex with income limitations and a HUD contract. Excellent rental history. All of the buildings were built around 1980 except 2 of buildings which are under construction and will be completed in 2018.

Listing Details MLS# 18028446

Location Property Info

County
Oceana
Street #
710
Street Direction
E
Street Name
Main
Suffix
Street
State
MI
Zip Code
49420

General Property Info

Lot Measurement
Acres
Lot Square Footage
283140
Lot Acres
6.5
Lot Dimensions
irregular
Year Built
1980
New Construction
No
Financial Available
Yes
Cert of Compliance
Yes
Road Frontage
380
Total # Units
42
# of Diff Unit Floor Plans
4
Total # Bldgs
7
Total Parking Spaces
60
Waterfront
No
School District
Hart
Basement
No

Tax Info

Tax ID #
6402024200200
Taxable Value
577400
SEV
577400
For Tax Year
2016
Seller's Annual Property Tax
35934.3
Tax Year
2015
Spec Assessment & Ty
city
Homestead %
0

Remarks Misc

Directions
US 31 to the Hart exit, East to Oceana Dr., North to Main St., West to entrance to complex on North side of street.

Status Change Info

Under Contract Date
2018-09-01
Sold Date
2018-12-11

More Information

Access Feat

Accessibility Features
Yes

Unit 1

Unit Description
#1
Identical Units
28
Occupied
Yes
Monthly Rent
592
Bathrooms
Yes

Unit 2

Unit Description
#2
Identical Units
16
Occupied
Yes
Monthly Rent
648
Bathrooms
Yes

Unit 3

Unit Description
#3
Identical Units
2
Occupied
Yes
Monthly Rent
714
Bathrooms
2

Unit 4

Unit Description
#4
Identical Units
2
Occupied
Yes
Monthly Rent
781
Bathrooms
2

Location & Property Info

Cross Streets
Oeana Dr.
Property Sub-Type
5+ Units
Area
MasonOceanaManistee - O
Municipality
Hart

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Legal
City of Hart Standard Map Plat A BLK 42 LYG W'Ly of US-31 R/W

Lot Description

Level
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Storm Sewer
Yes

Utilities Attached

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

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
MSHDA
Yes
Rural Development
Yes

Mineral Rights

Unknown
Yes

Assoc. Amenities

Clubhouse
Yes
Meeting Room
Yes

Exterior Material

Stucco
Yes
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

Accessibility Feat

36 Inch Entrance Doo
Yes
36' or + Hallway
Yes
Accessible Bath Sink
Yes
Accessible Kitchen Sink
Yes
Accessible Mn Flr Be
Yes
Grab Bar Mn Flr Bath
Yes
Low Threshold Shower
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Driveway

Paved
Yes

Substructure

Slab
Yes

Extras

Club House
Yes
Laundry Facility
Yes
Sep Electric Meter
Yes
Sep Gas Meter
Yes

Owner Pays

Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Accessibility Feat: 36 Inch Entrance Doo; 36' or + Hallway; Accessible Bath Sink; Accessible Kitchen Sink; Accessible Mn Flr Be; Grab Bar Mn Flr Bath; Low Threshold Shower Exterior Material: Stucco; Vinyl Siding Roofing: Composition Substructure: Slab Lot Description: Level Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Storm Sewer Extras: Club House; Laundry Facility; Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; MSHDA; Rural Development Possession: Close Of Escrow Sale Conditions: None
Listing Office: Wickstra Realty, Inc.
Listing Agent: Larry Byl
IDX
Last Updated: October - 20 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.