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About This Home
This 5-bedroom, 0-bathroom residential multi family at 5459 Coan Street NE in Sand Lake, MI is listed for $319,900. Built in 1940, on a 1.67 acres lot.
Rare Multi-Unit Investment Opportunity on 1.67 Acres Discover versatile income potential with this unique multi-dwelling property perfectly situated between Cedar Springs and Sand Lake. The main residence is an updated duplex featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit.
Major updates provide peace of mind, including a new roof (2023) and two new gas water heaters (2023). The property also includes a 2-bedroom, 1-bath mobile home with its own septic system; while it requires new flooring and minor updates, it offers immediate value-add potential.
Storage and additional revenue streams abound with a massive 40x60 pole barn (new roof 2025) and a 2-story garage with a hip roof. Units feature separate utilities (shared septic for the main house). Whether you are looking to expand your portfolio or live in one unit while offsetting your mortgage, this expansive property offers the infrastructure and acreage to succeed.
Key Features
- Built in 1940
- 1.67 acre lot
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5459 Coan Street NE
Sand Lake, MI 49343
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 0-bathroom residential multi family at 5459 Coan Street NE is listed at $319,900. The estimated monthly payment is $1,386 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 1.67 acre lot, 4 parking spaces.
This property is listed by Mark S Hoskins and can be reached at 6168939422 or markhoskins@bhhsmi.com.
