Exceptional investment opportunity in the heart of downtown Grand Haven! This well-maintained 5-unit multifamily property is ideally situated along the citys renowned parade route and just moments from the waterfront, shopping, dining, restaurants, and year-round community events. Each unit has been thoughtfully updated with fresh paint, updated light fixtures, new flooring, and updated appliances, creating an attractive and move-in-ready living experience for tenants. Significant capital improvements have been completed throughout ownership, including a new roof approximately five years ago, a newly constructed front porch with new roof, Anderson 800 Series windows in the bay area of Unit #1, replacement windows throughout the property, a new furnace, five mini-split systems, updated air conditioning components, underground sprinkling, and a new composite side deck. The detached garage provides two covered parking spaces, while the property offers a total of 7 dedicated parking spaces, an invaluable amenity in downtown Grand Haven.The sale includes furnishings currently within unit 5, providing additional value and convenience for the next owner. Unit #5 commands a premium rental rate compared to the other units. Contact our office for current rental income information, Unit #5 rental details, operating expenses, and additional property information. Whether youre looking to expand your investment portfolio or acquire a turnkey income-producing asset in one of West Michigans most desirable lakeshore communities, this is an opportunity you wont want to miss.
Listed By
Broker Name: Coldwell Banker Woodland Schmidt Grand Haven
Agent Name: Brian David Klingel
Broker Phone: 616-844-9000
Shown By
Agent Name: Ed Tracy
Agent Phone: (312) 965-4834
Broker Title: Cressy & Everett Real Estate
![]() | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 06/07/2026. |
Estimated Payment
$ 6,080.73 per month $4,927.02 Principal & Interest $863.50 Property Tax $290.21 Homeowner's InsuranceSend an email with a link to
308 Franklin Street, Grand Haven, MI 49417.
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