901 Butternut Drive, Holland, MI 49424
$1,270,000
Property Type:
Multi Family
Lot Size (sq. ft.):
87,556
Status:
Sold
Current Price:
$1,250,000
List Date:
10/25/2025
Last Modified:
12/15/2025
Description
Welcome to this incredible investment opportunity! This well-maintained 16-unit apartment complex offers a strong rental history with over $15,000 per month in rental income. There are 12 one bedroom units & 4 two bedroom units, making it ideal for both tenants and investors seeking a turnkey property. The complex is conveniently located near shops, restaurants, and quick access to US-31, ensuring a desirable living experience for residents. Inside, each cozy kitchen is filled with natural light and offers space for dining, creating a warm and inviting atmosphere. Additional highlights include covered parking (with availability), in-unit washer/dryer hookups, and wall air-conditioning units for comfort and convenience. Tenants are responsible for electric and gas utilities, minimizing operating costs for the owner. Whether you're expanding your investment portfolio or seeking a stable, income-producing property, this apartment complex delivers exceptional value and opportunity!
More Information MLS# 25054929
Location & Property Info
Cross Streets: Woodland Dr and Riley St
Property Sub-Type: 5+ Units
Area: Holland/Saugatuck - H
Municipality: Holland Twp
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 109.65
General Property Info
New Construction: No
Lot Dimensions: 242x315x155x57x40x273x132
Financial Available: No
Road Frontage: 242
Cert of Compliance: No
Waterfront: No
Basement: No
Total # Units: 16
# of Diff Unit Floor Plans: 2
Total # Bldgs: 3
Total Approx. SqFt All Bldgs: 11400
Total Parking Spaces: 16
School District: West Ottawa
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 87556
Lot Acres: 2.01
Year Built: 1972
Tax Info
Taxable Value: 242757
SEV: 746700
For Tax Year: 2024
Seller's Annual Property Tax: 11806
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: na
Tax ID #: 70-16-18-100-011
Remarks & Misc
Public Remarks: Welcome to this incredible investment opportunity! This well-maintained 16-unit apartment complex offers a strong rental history with over $15,000 per month in rental income. There are 12 one bedroom units & 4 two bedroom units, making it ideal for both tenants and investors seeking a turnkey property. The complex is conveniently located near shops, restaurants, and quick access to US-31, ensuring a desirable living experience for residents. Inside, each cozy kitchen is filled with natural light and offers space for dining, creating a warm and inviting atmosphere. Additional highlights include covered parking (with availability), in-unit washer/dryer hookups, and wall air-conditioning units for comfort and convenience. Tenants are responsible for electric and gas utilities, minimizing operating costs for the owner. Whether you're expanding your investment portfolio or seeking a stable, income-producing property, this apartment complex delivers exceptional value and opportunity!
Legal: W 446 FT OF N 713.86 FT OF NE 1/4 OF NW 1/4 LYING S OF PINE CREEK AND NE'LY OF BUTTERNUT DR SEC 18 T5N R15W
Status Change Info
Sold Price/SqFt: 111.4
Under Contract Date: 2025-10-28
Sold Date: 2025-12-15
Sold Price: $1,270,000
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Util Avail at Street
Electricity Available: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Washer Hookup: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Slab: 1
Extras
Carports: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Unit #1
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Unit #2
Occupied: Yes
Monthly Rent: 995
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Unit #3
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: Unit #4
Occupied: Yes
Monthly Rent: 995
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: Unit #5
Occupied: Yes
Monthly Rent: 995
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 6
Unit #: 6
Unit Description: Unit #6
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 7
Unit #: 7
Unit Description: Unit #7
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Monthly Rent: 850
Unit 8
Unit #: 8
Unit Description: Unit #8
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 9
Unit #: 9
Unit Description: Unit #9
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 10
Unit #: 10
Unit Description: Unit #10
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 11
Unit #: 12
Unit Description: 12
Occupied: Yes
Monthly Rent: 995
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 12
Unit #: 14
Unit Description: Unit #14
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Ottawa
Street #: 901
Street Name: Butternut
Suffix: Drive
State: MI
Zip Code: 49424
Zip (4): 1545
OfficeContract Info
Status: Sold
Current Price: $1,270,000
List Price: $1,250,000
Listing Date: 2025-10-23
Remarks Misc
Directions: S River Ave to N River Ave to Butternut Dr north to home.
Property Features
Laundry Features: Washer Hookup
Exterior Material: Vinyl Siding
Substructure: Slab
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Electricity Available
Extras: Carports
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Wall Unit(s)
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office:
HomeRealty Holland
Listing Agent:
Luke Scott Bouman
Last Updated: December - 15 - 2025
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