Active

5459 Coan Street Ne NE

Sand Lake, Michigan 49343

$319,900 $1,348/Mo

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Overview

Bed

Bath

1.67

Acres(Lot)

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 ex pand your portfolio or live in one unit while offsetting your mortgage, this expansive property offers the infrastructure and acreage to succeed.

Property Details

Property Type : Multifamily

Price : $319,900

AD Id : 77052320

MLS Id : 65026015301

Beds : 5

Lot Size : 1.67 Acres

Year Built : 1940

Garage : Garage

County : Kent

Map

What's Nearby

Nearby Areas

Features

Interior Features

Laundry Facility,Cable Available Roof: Composition
Heating & Cooling

Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1940 Total Units: 3 Roof: Composition Foundation/Basement: Crawl
Utility Features

Sewer: Septic Tank (Existing)
Water

Well (Existing)

Lot Information

Lot Size: 1.67 Lot Dimensions: Irr Frontage Feet: 613
Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $329,900
Listing Information

Possession: At Close Legal Description: THAT PART OF S 230 FT OF W 19 A. OF NE 1/4 NE 1/4 LYING ELY OF ELY LINE OF NORTHLAND DR EX E 100 FT * SEC 18 T10N R10W 1.67 A.

Tax Information

Annual Tax: $2,110 Parcel Number: 410318200014
Possession

At Close
Legal Information

Legal Description: Section: THAT PART OF S 230 FT OF W 19 A. OF NE 1/4 NE 1/4 LYING ELY OF ELY LINE OF NORTHLAND DR EX E 100 FT * SEC 18 T10N R10W 1.67 A.

Unit 1 Information

# of Bedrooms: 1
Unit 2 Information

# of Bedrooms: 2

School Information

School District: Cedar Springs
Utility Information

Water: Well (Existing) Sewer: Septic Tank (Existing)

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ByOwner last updated this listing 06/18/2026 @ 21:52

MLS: 65026015301 LISTED BY: Mark S Hoskins , Berkshire Hathaway HomeServices Michigan Real Esta 616-866-1212 SOURCE: Realcomp II Ltd