Grand Haven, MI 49417,1642 Pennoyer Avenue 1644

$393,000

$420,000

6.4%
Est.Price: ?

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Est. payment /mo

2 Beds

8,276 Sqft Lot


SOLD DATE : 06/26/2024

Key Details

Sold Price $393,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65024019692

Sold Date 06/26/24

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1972

Annual Tax Amount $5,810

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 61 x 132

Property Description

Step into a prime investment opportunity with the dual-income producing duplex at 1642-1644 Pennoyer Ave in the scenic town of Grand Haven, Michigan. This property stands out with its fully furnished units and comprehensive renovations, designed to attract both mid-term and long-term renters. On one side, enjoy the flexibility of a mid-term rental that boasts stylish furnishings included in the sale, generating $2,800 monthly during the chillier winter months and up to $4,000 in the vibrant summer season, based on 28+ day stays. The other side offers a stable $1,600 monthly from long-term leasing.Every inch of this duplex reflects quality and modern taste, with brand-new appliances, sleek quartz countertops, freshly painted interiors, chic painted cabinets, durable new flooring,completely revamped bathrooms including contemporary vanities and sinks, and efficient replacement windows enhancing both comfort and aesthetic appeal.

Located just a short stroll from Grand Haven's bustling downtown, tenants have quick access to gourmet dining spots like The Kirby Grill and Pronto Pup, plus endless leisure activities including boating and beach outings at Grand Haven Beach. Whether it's savoring sunset views by the Grand Haven Pier or exploring local shops, this property is ideally positioned to provide a lifestyle that's both relaxing and invigorating.

Make a smart move by investing in this turnkey property where every detail has been curated to maximize comfort, style, and rental income. An excellent addition to any real estate portfolio, this duplex promises to be a continual source of revenue and a gateway to the charming life in Grand Haven.

Location

State MI

County Ottawa

Area Grand Haven

Zoning Residential

Direction Waverly to Beechtree, North on Beechtree to Pennoyer, East on Pennoyer to address.

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 4.0

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Vinyl

Schools

School District Grand Haven

Others

Pets Allowed Yes

Tax ID 700327102009

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

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Realcomp MLS
Listed by Blue Beacon Realty
Bought with Coldwell Banker Woodland Schmidt ART Office
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