Property description updated with new details
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Previous Description:
Prime investment opportunity in downtown Coopersville. Recently renovated with nearly $200K in updates, this turnkey 4-unit offers strong, stable cash flow. Originally built as a hospital in the 1930s, this multi-family property features four spacious units with varied floor plans and a common area. Layout could easily be reconfigured to add additional bedrooms, enhancing income potential. An attached workshop provides additional rental opportunities or practical storage use. Large back parking lot has been newly paved. Coin laundry includes two washers and two dryers. Tenants responsible for utilities.
Updated Description:
Prime investment opportunity in downtown Coopersville. Recently renovated with nearly $200K in updates, this turnkey 4-unit offers strong, stable cash flow. Originally built as a hospital in the 1930s, this multi-family property features four spacious units with varied floor plans and a common area. Layout could easily be reconfigured to add additional bedrooms, enhancing income potential. An attached workshop provides additional rental opportunities or practical storage use. Large back parking lot has been newly paved. Coin laundry includes two washers and two dryers. Tenants responsible for utilities. Fully occupied - $6,725 total monthly rent.
