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7147 N Old Channel Trail, 11-14, 6, 10 $749,000

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7147 N Old Channel Trail, 11-14, 6, 10 Montague, MI 49437

  • 0 Beds
  • 0 Baths
  • Multi-Family
MLS# 19038648 | Active
Days On Market: 67 8 Views
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Property Details

Six units on Lake Michigan, part of larger complex. More units could be added to package. Owner downsizing, but willing to train. Contact LS, (owner) Buyer expected to make improvements. Several units in complex already rehabbed and being rented on airbnb. Other rental comps for similar sized units available in area to project potential rental income. (Weathervane hotel, (Montague,) Sunset beach resort, (North Muskegon,) Lodge on the lake, (North Muskegon) Updated infrastructure on site: electrical, septic. two wells. Low fees. Lake Michigan water levels have had minimal impact on site: See aerial photos on listing for unit 15. Beach area already noticeably increasing. Additional beach access within 1000 feet. Public boat launch as well as private marina within 1 mile.

  • General Features
    • Tenant Pays Electric, Water
    • Terms Available Cash/Conventional
    • SubArea M14 - White River Township
    • Property Sub Type 5+ Units
    • Municipality White River Twp
    • New Construction No
    • Owner Pays None
    • County Muskegon
    • Year Built 1962
    • Area Muskegon County - M
    • Assoc Fee Incl Lawn/Yard Care, Sewer, Snow Removal, Trash, Water
    • Annual Property Tax 7500.00
    • Tax Year 2019
  • Building Features
    • Assoc Amenities Beach Area
    • Basement No
    • Water Fea Amenities All Sports, Shared Frontage
    • Substructure Slab
    • Total Number Bldgs 1.00
    • Total Parking Spaces 6.0000
    • Driveway Shared Unpaved
    • Heat Source None
    • Heat Type None
    • Roofing Metal
  • Property Features
    • Water Frontage 368.00
    • Waterfront Y/N Yes
    • Water Access Y/N Yes
    • Body of Water Lake Michigan
    • Water Type Lake
    • Water Well
    • Utilities Attached Cable, Electric, Extra Well
    • Util Avail at Street Broadband,Cable,Electric,Telephone Line
    • Street Type Public
    • Road Frontage 400.00
    • Sewer Septic System
    • Lot Square Footage 348480.00
    • Lot Measurement Acres
    • Mineral Rights No
    • Lot Dimensions 400x1100x368x1089
    • Lot Description Recreational, Wooded
    • Lot Acres 8
  • Schools
    • School District Montague

Contact

Eric Vanhorssen

Associate

RE/MAX Lakeshore

Cell: 231-220-3352

Neighborhood

49437 (Montague) Demographics

42Median Age
107Population Density (per sq. mile)
31%College Educated
$51,384 Estimated Median Income
2,172Estimated Total Home Owners
503Estimated Total Renters
81% / 19%Estimated Owner / Renter Divide
3Estimated Average Household Size
6,934Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$177,500 Median Sales Price
10 Homes Sold
16 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $749,000
      8/12/2019 12:35:00 AM New in Database Source

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