Turnkey Five-Unit Multifamily
308 Franklin Street Grand Haven, MI 49417
308 Franklin Street, Grand Haven, MI, 49417
$895,000
For Sale
$895,000
MULTI_FAMILY - Grand Haven, MI
Lot Size0.20 Acres
Days on Market48
Property Features for 308 Franklin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 5, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 2
- Parking
- 5
- Basement
- Partial
- Standard status
- Active
- APN
- 700320476003
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- E 1/2 of Lots 273 & 274 Original Plat of Grand Haven.
- Tax Annual Amount
- 10362
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 1908
- Number of units
- 5
- Building materials
- Aluminum Siding
- Roof type
- Composition
Listing Agency
Coldwell Banker Woodland Schmidt Grand Haven
(616) 844-9000
506 S Beacon Blvd, Grand Haven, MI
Listed by
Brian David Klingel · License #6501319991
(231) 206-3513
Added: Jun 3 Updated: Jul 2 at 10:11 am Checked: Jul 20 at 2:06 pm
MLS# 26026763
Listing URL
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Investment Insights
Based on property information with market context.
This for-sale five-unit multifamily property has been well maintained and features apartment interiors with fresh paint, updated light fixtures, new flooring, and updated appliances. Capital 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 exterior upgrades include a new furnace, five mini-split systems, updated air conditioning components, underground sprinkling, and a new composite side deck. A detached garage provides two covered parking spaces, and the property offers a total of seven dedicated parking spaces. The sale also includes furnishings currently in Unit 5.
The property is located in downtown Grand Haven and is described as situated along the city’s parade route, with convenient access to the waterfront and nearby shopping, dining, and year-round community events.
With updated finishes and extensive system and envelope improvements, the building may appeal to buyers seeking a turnkey residential income asset with on-site parking. Unit 5 is identified as commanding a premium rental rate compared to the other units, and additional rental and operating expense details can be provided by request.
The property is located in downtown Grand Haven and is described as situated along the city’s parade route, with convenient access to the waterfront and nearby shopping, dining, and year-round community events.
With updated finishes and extensive system and envelope improvements, the building may appeal to buyers seeking a turnkey residential income asset with on-site parking. Unit 5 is identified as commanding a premium rental rate compared to the other units, and additional rental and operating expense details can be provided by request.
Key Highlights
- 5‑unit multifamily property in downtown Grand Haven near the waterfront, shopping, dining, and year‑round community events
- Updates during ownership include a roof installed about 5 years ago, plus replacement windows throughout and an Anderson 800 Series window in Unit #1 bay area
- Heating and cooling improvements include a new furnace and five mini‑split systems, with updated air conditioning components
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained five-unit building with multiple recent capital upgrades and dedicated parking in downtown Grand Haven.
Where is this apartment building located?
The property is located at 308 Franklin Street 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 in downtown Grand Haven near the waterfront, shopping, dining, and year‑round community events; Updates during ownership include a roof installed about 5 years ago, plus replacement windows throughout and an Anderson 800 Series window in Unit #1 bay area; Heating and cooling improvements include a new furnace and five mini‑split systems, with updated air conditioning components
