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Allegan, MI 49010

  • 0 Beds
  • 0 Baths
  • Multi-Family
  • MLS# 20025019
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Views: 33 Days On Site: 117

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Property Details

Great Investment Opportunity! This is a unique property and as such it presents a unique opportunity for someone who is looking for great cash flow. Shady Oak Trailer Park features a total of 9 single family homes all owned by the seller. This is not the typical ''lot rent'' style park as each dwelling is owned by the seller. This property has a great history with some tenants having been there for over 25 years. For those of you that believe a 10 CAP has gone the way of the dinosaurs, this may be just the investment you are looking for. Detailed financial information is available upon request. Includes Parcel #035117006400

  • General Features
    • Tenant Pays Electric, Gas
    • SubArea 59
    • Property Sub Type 5+ Units
    • Municipality Allegan City
    • New Construction No
    • Owner Pays None, Sewer, Water
    • County Allegan
    • Year Built 1954
    • Area Greater Kalamazoo - K
    • Annual Property Tax 4145.08
    • Tax Year 2019
  • Building Features
    • Basement Yes
    • Substructure Other
    • Total Number Bldgs 10.00
    • Total Parking Spaces 14.0000
    • Driveway Paved
    • Heat Source Electric, Natural Gas
    • Heat Type Forced Air
  • Property Features
    • Waterfront Y/N No
    • Water Access Y/N No
    • Water Public
    • Utilities Attached Cable, Electric, Natural Gas, Telephone Line
    • Util Avail at Street Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone Line
    • Street Type Paved,Public
    • Road Frontage 396.00
    • Sewer Public
    • Lot Square Footage 34848.00
    • Lot Measurement Acres
    • Lot Dimensions 264 x 132
    • Lot Description Corner
    • Lot Acres 0.8
  • Schools
    • School District Allegan

Contact

Joel Van Dyke

Joel Van Dyke

REALTOR ®

RE/MAX Of Grand Rapids

Direct: 616-855-4380

Neighborhood

49010 (Allegan) Demographics

40 Median Age
110 Population Density (per sq. mile)
27% College Educated
$52,005 Estimated Median Income
5,210 Estimated Total Home Owners
1,450 Estimated Total Renters
78% / 22% Estimated Owner / Renter Divide
3 Estimated Average Household Size
17,523 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$200,000 Median Sales Price
29 Homes Sold
14 New On Market

Average Days on Site

    Properties for Sale

      Calculations provided by Reliance Network

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $350,000
      7/1/2020 12:09:00 PM New in Database Source New Value: $350,000

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      Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 10/26/2020 2:09:11 AM.


      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.