Turnkey 5-Unit Apartment
308 Franklin Avenue Grand Haven, MI 49417
For Sale
$895,000
Move-in ready apartments with recent upgrades, dedicated parking, and a detached garage with covered spaces.
Property Size8,712 SF
Price / SF$102.73
Days on Market54
Property Features for 308 Franklin Avenue
General Information
- Standard status
- Active
- Size
- 8,712 SF
- Property subtype
- Residential Income / 5+ Units
Building Details
- Year Built
- 1908
Listing Agency:
Coldwell Banker Woodland Schmidt Grand Haven
(231) 206-3513
Listed By:
Brian D Klingel · License #6501319991
(231) 206-3513
Source:
Compass
Added: May 31
Changed: Jul 10
Last Checked: Jul 23 at 6:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Woodland Schmidt Grand Haven
Investment Insights
Based on property information with market context.
This well-maintained 5-unit multifamily property features unit-by-unit updates including fresh paint, updated light fixtures, new flooring, and updated appliances. Improvements completed during ownership include a new roof approximately five years ago, a newly constructed front porch with a new roof, Anderson 800 Series windows in the bay area of Unit #1, and replacement windows throughout the property. Mechanical and comfort upgrades include a new furnace, five mini-split systems, and updated air conditioning components. Exterior improvements include underground sprinkling and a new composite side deck. A detached garage provides two covered parking spaces, and the property also offers a total of 7 dedicated parking spaces. The sale includes furnishings currently within Unit #5.
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.
The combination of updated interiors, multiple recent capital improvements, and on-site parking supports straightforward tenant occupancy. Unit #5 is noted as commanding a premium rental rate compared to the other units, and the seller can provide current rental income information, Unit #5 rental details, and operating expenses upon request.
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.
The combination of updated interiors, multiple recent capital improvements, and on-site parking supports straightforward tenant occupancy. Unit #5 is noted as commanding a premium rental rate compared to the other units, and the seller can provide current rental income information, Unit #5 rental details, and operating expenses upon request.
Key Highlights
- 5‑unit multifamily property built in 1908 with in‑unit laundry
- Recent unit and interior updates include fresh paint, updated light fixtures, new flooring, and updated appliances
- Capital improvements include a roof replacement about 5 years ago, replacement windows, and Anderson 800 Series windows in Unit #1 bay area
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Move-in ready apartments with recent upgrades, dedicated parking, and a detached garage with covered spaces.
Where is this apartment building located?
The property is located at 308 Franklin Avenue Grand Haven, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5‑unit multifamily property built in 1908 with in‑unit laundry; Recent unit and interior updates include fresh paint, updated light fixtures, new flooring, and updated appliances; Capital improvements include a roof replacement about 5 years ago, replacement windows, and Anderson 800 Series windows in Unit #1 bay area
