Address
Not Disclosed Allegan, MI
Price
$ 350,000
Property Attributes
  • MLS#20025019
  • TypeMulti-Family
  • CountyALLEGAN
  • CityAllegan
  • AreaAllegan City
  • NeighborhoodAllegan City
  • Zip49010
  • Style5+ Units
  • Year Built1954
  • Taxes4145
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.8 Acres
Listing Provided Courtesy Of:
Benjamin M Otis at Weichert REALTORS Plat Allegan - (269) 512-6290
Property Description

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

Price History
7/1/2020 Listed $350,000

General Features

Access Feat: Accessibility Features No
Heating Forced Air
Homestead % 0.00
Municipality Allegan City
New Construction No
Road Frontage 396.00
School District Allegan
Sewer Public
Sub-area K59 - Allegan Twp
Terms Available Cash, Conventional
Water Public
Zoning Residential

Interior Features

Basement Yes
Heat Source Electric, Natural Gas

Exterior Features

Driveway Asphalt, Paved
Exterior Aluminum Siding, Vinyl Siding, Wood Siding
Lot Description Corner
Substructure Other
Total # Bldgs 10.00
Water Access Y/N No
Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49010

Price
AVG $260K
$350K
Taxes
AVG $4,565
$4,145
Visits
AVG 58
142
Year Built
AVG 1916
1954

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