710 E Main Street, Hart, MI 49420 (MLS# 18028446)

710 E Main Street, Hart, MI 49420

$2,000,000
Property Type: Multi Family Lot Size (sq. ft.): 283,140 Status: Sold
Current Price: $2,200,000 List Date: 6/20/2018 Last Modified: 10/20/2021

Description

Excellent investment opportunity. 48 unit rental complex walking distance to: downtown Hart, Hart Lake, council on aging, public park. This is a rent subsidized complex with income limitations and a HUD contract. Excellent rental history. All of the buildings were built around 1980 except 2 of buildings which are under construction and will be completed in 2018.

More Information MLS# 18028446

Location & Property Info

Cross Streets: Oeana Dr. Property Sub-Type: 5+ Units Area: MasonOceanaManistee - O Municipality: Hart

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: irregular Financial Available: Yes Road Frontage: 380 Cert of Compliance: Yes Waterfront: No Basement: No Total # Units: 42 # of Diff Unit Floor Plans: 4 Total # Bldgs: 7 Total Parking Spaces: 60 School District: Hart Lot Measurement: Acres Lot Square Footage: 283140 Lot Acres: 6.5 Year Built: 1980

Tax Info

Taxable Value: 577400 SEV: 577400 For Tax Year: 2016 Seller's Annual Property Tax: 35934.3 Tax Year: 2015 Homestead %: 0 Spec Assessment & Ty: city Tax ID #: 6402024200200

Remarks & Misc

Legal: City of Hart Standard Map Plat A BLK 42 LYG W'Ly of US-31 R/W

Lot Description

Level: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1 MSHDA: 1 Rural Development: 1

Mineral Rights

Unknown: 1

Assoc. Amenities

Clubhouse: 1 Meeting Room: 1

Exterior Material

Stucco: 1 Vinyl Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Access Feat

Accessibility Features: Yes

Accessibility Feat

36 Inch Entrance Doo: 1 36' or + Hallway: 1 Accessible Bath Sink: 1 Accessible Kitchen Sink: 1 Accessible Mn Flr Be: 1 Grab Bar Mn Flr Bath: 1 Low Threshold Shower: 1

Tenant Pays

Electric: 1 Gas: 1

Driveway

Paved: 1

Substructure

Slab: 1

Extras

Club House: 1 Laundry Facility: 1 Sep Electric Meter: 1 Sep Gas Meter: 1

Owner Pays

Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit Description: #1 Identical Units: 28 Occupied: Yes Monthly Rent: 592 Bedrooms: 1 Bathrooms: 1

Unit 2

Unit Description: #2 Identical Units: 16 Occupied: Yes Monthly Rent: 648 Bedrooms: 2 Bathrooms: 1

Unit 3

Unit Description: #3 Identical Units: 2 Occupied: Yes Monthly Rent: 714 Bedrooms: 3 Bathrooms: 2

Unit 4

Unit Description: #4 Identical Units: 2 Occupied: Yes Monthly Rent: 781 Bedrooms: 4 Bathrooms: 2

Possession

Close Of Escrow: 1

Location Property Info

County: Oceana Street #: 710 Street Direction: E Street Name: Main Suffix: Street State: MI Zip Code: 49420

OfficeContract Info

Status: Sold Current Price: $2,000,000 List Price: $2,200,000 Listing Date: 2018-06-20

Remarks Misc

Directions: US 31 to the Hart exit, East to Oceana Dr., North to Main St., West to entrance to complex on North side of street.

Status Change Info

Under Contract Date: 2018-09-01 Sold Date: 2018-12-11 Sold Price: $2,000,000

Property Features

Accessibility Feat: 36 Inch Entrance Doo; 36' or + Hallway; Accessible Bath Sink; Accessible Kitchen Sink; Accessible Mn Flr Be; Grab Bar Mn Flr Bath; Low Threshold Shower Exterior Material: Stucco; Vinyl Siding Roofing: Composition Substructure: Slab Lot Description: Level Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Storm Sewer Extras: Club House; Laundry Facility; Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; MSHDA; Rural Development Possession: Close Of Escrow Sale Conditions: None
Listing Office: Wickstra Realty, Inc.
Listing Agent: Larry Byl
IDX
Last Updated: October - 20 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Real Estate Insider 🏡🎯
Stay ahead in the real estate journey with insights that matter. Our newsletter is all about helping you save when buying and earn more when selling. Provide your email and text #, and we’ll deliver the knowledge you need. 👇👇👇