308 Franklin Street, Grand Haven, MI 49417
308 Franklin Street, Grand Haven, MI 49417
308 Franklin Street, Grand Haven, MI 49417
308 Franklin Street, Grand Haven, MI 49417
308 Franklin Street, Grand Haven, MI 49417
308 Franklin Street, Grand Haven, MI 49417
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$ 995,000
Est. payment | /mo

8,712 Sqft Lot


$ 995,000
Est. payment | /mo

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Grand Haven City

MLS Listing ID 26026763

Year Built 1908

Annual Tax Amount $10,362

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions .2 acres

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Exceptional investment opportunity in the heart of downtown Grand Haven! This well-maintained 5-unit multifamily property is ideally situated along the city's renowned parade route and just moments from the waterfront, shopping, dining, restaurants, and year-round community events. Each unit has been thoughtfully updated with fresh paint, updated light fixtures, new flooring, and updated appliances, creating an attractive and move-in-ready living experience for tenants. Significant capital improvements have been completed throughout ownership, including a new roof approximately five years ago, a newly constructed front porch with new roof, Anderson 800 Series windows in the bay area of Unit #1, replacement windows throughout the property, a new furnace, five mini-split systems, updated air conditioning components, underground sprinkling, and a new composite side deck. The detached garage provides two covered parking spaces, while the property offers a total of 7 dedicated parking spaces, an invaluable amenity in downtown Grand Haven.

The sale includes furnishings currently within unit 5, providing additional value and convenience for the next owner. Unit #5 commands a premium rental rate compared to the other units. Contact our office for current rental income information, Unit #5 rental details, operating expenses, and additional property information. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset in one of West Michigan's most desirable lakeshore communities, this is an opportunity you won't want to miss. The detached garage provides two covered parking spaces, while the property offers a total of 7 dedicated parking spaces, an invaluable amenity in downtown Grand Haven.

The sale includes furnishings currently within unit 5, providing additional value and convenience for the next owner. Unit #5 commands a premium rental rate compared to the other units. Contact our office for current rental income information, Unit #5 rental details, operating expenses, and additional property information. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset in one of West Michigan's most desirable lakeshore communities, this is an opportunity you won't want to miss.

Location

State MI

County Ottawa

Direction U.S. 31 to Franklin Street west to property

Rooms

Basement Partial

Interior

Heating Forced Air

Laundry In Unit

Exterior

Parking Features Paved

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 5

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Aluminum Siding

New Construction No

Schools

School District Grand Haven

Others

Tax ID 700320476003

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26026763

Listed by Coldwell Banker Woodland Schmidt Grand Haven
Nearby Locations
Angela Hyde

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(616) 638-5939

angelahydehomes@gmail.com

108 E Savidge St, Spring Lake, MI, 49456, USA

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308 Franklin Street