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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.

Overview

Property Status
Sold
Date Sold
June 26, 2024
Lot Size
8,077 Sq.Ft.
MLS ID
24019692
Property Type
Multi-Family
Year Built
1972

Features & Amenities

Neighborhood
Grand Haven
Utilities
Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
Parking
Paved
Heat Type
Forced Air
Air Conditioning
Central Air
Laundry Room
Gas Dryer Hookup, In Basement, Laundry Closet, Laundry Room, Washer Hookup
Sewer
Public Sewer
School District
Grand Haven
Sales Price
$393,000
Real Estate Tax
$5,811/yr

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1642 Pennoyer Avenue, 1644

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1642 Pennoyer Avenue, 1644
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    License #6506048360

    (616) 295-3632
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