Great opportunity to own an income producing property in very desirable Spring Lake! 6 unit building. This property has huge upside to bring the units up to market rates and increase profitability. Unit showing upon receipt of written offer and acceptance.
Multi-familyProperty Type
1971Year Built
0.76 acresLot Size
12 spacesParking
Listed by Todd Pearson• Greenridge Realty (Lowell)
Listed by Medvin Aslanian• Greenridge Realty (Cascade)
Bought with NON Member WCAR Agent• NON Member WCAR
Great opportunity to own an income producing property in very desirable Spring Lake! 6 unit building. This property has huge upside to bring the units up to market rates and increase profitability. Unit showing upon receipt of written offer and acceptance.
SW Michigan MLS #24033470
Aug 29, 2024
Sold
$570,000
Jul 3, 2024
Pending
—
Jul 1, 2024
Listed
$570,000
Greater Lansing AoR #70415922
Aug 29, 2024
Sold
$570,000
Jul 3, 2024
Pending
—
Jul 1, 2024
Listed
$570,000
REALCOMP #65024033470
Aug 29, 2024
Sold
$570,000
Jul 3, 2024
Pending
—
Jul 1, 2024
Listed
$570,000
Investment opportunity to own 6 apartment units in highly sought-after Spring Lake. 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. Most 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.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
135 ft.
Lot depth
175 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Ottawa County
APN
70-03-08-381-013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2024.
R-4
High Density Residential District
The High Density Residential District is intended for Multi--Family Dwellings, Two-Family Dwellings, senior citizen housing and retail uses. Multi-Family Dwellings provide a needed housing type in the Township. Land zoned High Density Residential is dispersed throughout the Township to avoid pockets of rental or transient housing. Higher Density Single-Family residential uses are permitted in this Zoning District to promote housing diversification. Public water and public sanitary sewer service these areas and it is the intent of this Ordinance that all Single-Family, Two-Family, and Multi-Family Dwellings be connected to public water and public sanitary sewer.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Park & open space
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 6
Parking Features: Concrete
Interior
Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Natural Gas, Radiant
Room Information
Laundry Features: Common Area
Has Basement
Basement Details: Walk-Out Access, Daylight
Unit Type 5 Information
Type: Bedroom 2
Description: 5
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 700
Unit Type 6 Information
Type: Bedroom 2
Description: 6
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 730
Total Rent: $1,200
Unit Type 7 Information
Type: Bedroom 2
Description: 4
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 700
Total Rent: $1,200
Unit Type 8 Information
Type: Bedroom 2
Description: 3
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 700
Total Rent: $1,095
Unit Type 10 Information
Type: Bedroom 1
Description: 1
# of Bedrooms: 1
# of Bathrooms: 1
Sq.Ft. Total: 578
Total Rent: $1,000
ListingKey: 21903647135846994657
ListingKeyNumeric: 212714298
ListingId: 65025032058
OriginatingSystemName: Realcomp
RawMlsModificationTimestamp: 2025-08-28T16:36:17
UnitTypeKey: 21909212867280082533
Exterior
Exterior Features
Roof: Composition
Building Information
Construction Materials: Brick, Stucco, Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Road Surface Type: Paved
Lot Size Dimensions: 135 x 175
Lot Size Area: 33,277
Lot Size Units: Square Feet
Lot Size Acres: 0.76
Zoning Description: MultiFamily
Financial
Tax Information
Tax Annual Amount: $5,500
Utilities
Utility Information
Water Source: Public
Utilities: Electricity Connected, Natural Gas Connected
Sewer: Public Sewer
Location
Schools Information
High School District: GrandHaven
Location Information
Directions: N Shore Rd to Parkwood Dr. Left on Alpine Dr.
Cross Street: Swiss Drive
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Ottawa County
APN: 70-03-08-381-013
Home facts updated by county records on Jun 30, 2024
Other
Listing Information
List AOR: GreaterRegionalAllianceofREALTORS
Around this home
Schools
Lake Hills Elementary School
Public PreK-4 • Assigned • 0.6mi
6/10
Lakeshore Middle School
Public 7-8 • Assigned • 2.6mi
8/10
Grand Haven High School
Public 9-12 • Assigned • 5.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Spring Lake, MI • 49456
Average low and high temperatures (°F)
29
19
33
21
49
31
59
39
66
47
78
60
82
66
79
61
74
55
63
46
48
37
35
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2.5 hours in December, placing it below the
U.S. average for solar exposure.