5459 Coan ST NE, Nelson Twp, MI 49343
$309,900
Est. payment /mo
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1.67 Acres Lot
Active

5459 Coan ST NE Nelson Twp, MI 49343

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026015301

Year Built 1940

Lot Size 1.670 Acres

Acres 1.67

Property Sub-Type MultiFamily

Property Description

Rare Multi-Unit Investment Opportunity on 1.67 AcresDiscover versatile income potential with this unique multi-dwelling property perfectly situated between Cedar Springs and Sand Lake. The main residence is an updated duplex featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Major updates provide peace of mind, including a new roof (2023) and two new gas water heaters (2023). The property also includes a 2-bedroom, 1-bath mobile home with its own septic system; while it requires new flooring and minor updates, it offers immediate value-add potential. Storage and additional revenue streams abound with a massive 40x60 pole barn (new roof 2025) and a 2-story garage with a hip roof. Units feature separate utilities (shared septic for the main house). Whether you are looking to expand your portfolio or live in one unit while offsetting your mortgage, this expansive property offers the infrastructure and acreage to succeed.

Location

State MI

County Kent

Area Area41031Nelsontwp

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry CommonArea

Exterior

Parking Features Garage, SharedDriveway, Unpaved

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected

View Y/N No

Roof Type Composition

Building

Lot Description CornerLot, Level

Foundation CrawlSpace

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Cedar Springs

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Realcomp MLS
Listed by Mark S Hoskins of Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

NEARBY SCHOOL & BUSINESS

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Forest Dorling

Forest Dorling

Expert Home Buying & Selling Guide License ID: 6501435737

+1(586) 303-0901

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5459 Coan ST NE