308 Franklin St, Grand Haven, MI 49417
Turnkey 5-unit building with multiple recent capital improvements and dedicated parking in a walkable downtown setting.
Property Features for 308 Franklin St
General Information
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Building Details
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Investment Insights
Based on property information with market context.
Located in downtown Grand Haven, the property sits along the city’s renowned parade route and is just moments from the waterfront, shopping, dining, restaurants, and year-round community events. With a walk score of 82 (very walkable) and a bike score of 69 (bikeable), the setting supports a strong live-work lifestyle for residents.
For investors or owner-operators seeking a manageable, turnkey residential income asset, the combination of unit updates and substantial building-level improvements is designed to reduce near-term maintenance concerns. Unit #5 is noted as commanding a premium rental rate compared to the other units; contact the office for current rental income information, operating expenses, and Unit #5 details.
Key Highlights
- 5‑unit multifamily building built in 1908 in downtown Grand Haven
- Recent upgrades include a roof about 5 years ago, replacement windows, and new furnace
- Unit #1 bay area has Anderson 800 Series windows; five mini‑split systems and updated air conditioning components
Property Analytics
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Location Intelligence
Trade Area within ½ mile
Demographics for 49417, MI
Market
Vacancy Rate% for Multifamily in Midwest region