10 days on rocket

1642 Pennoyer Ave, Grand Haven, MI, 49417

$420,000

Home List Price

$4,988*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1642 Pennoyer Ave, Grand Haven$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1972
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #65024019692
Lot Size0.19 Acres
StatusActive

About 1642 Pennoyer Ave

Step into a prime investment opportunity with the dual-income producing duplex at 1642-1644 Pennoyer Ave in the scenic town of Grand Haven, Michigan. This property stands out with its fully furnished units and comprehensive renovations, designed to attract both mid-term and long-term renters. On one side, enjoy the flexibility of a mid-term rental that boasts stylish furnishings included in the sale, generating $2,800 monthly during the chillier winter months and up to $4,000 in the vibrant summer season, based on 28+ day stays. The other side offers a stable $1,600 monthly from long-term leasing.Every inch of this duplex reflects quality and modern taste, with brand-new appliances, sleek quartz countertops, freshly painted interiors, chic painted cabinets, durable new flooring,completely revamped bathrooms including contemporary vanities and sinks, and efficient replacement windows enhancing both comfort and aesthetic appeal. Located just a short stroll from Grand Haven's bustling downtown, tenants have quick access to gourmet dining spots like The Kirby Grill and Pronto Pup, plus endless leisure activities including boating and beach outings at Grand Haven Beach. Whether it's savoring sunset views by the Grand Haven Pier or exploring local shops, this property is ideally positioned to provide a lifestyle that's both relaxing and invigorating. Make a smart move by investing in this turnkey property where every detail has been curated to maximize comfort, style, and rental income. An excellent addition to any real estate portfolio, this duplex promises to be a continual source of revenue and a gateway to the charming life in Grand Haven.

Property Details

Property Features

Property Information:

  • Year Built: 1972

Listing Office:

  • Office Name: Blue Beacon Realty LLC
  • Office Phone: (616) 295-3632
  • Listing Agent: Ryan M Prichard

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility, Cable Available

Exterior Features

Parking Information:

  • Parking: Paved

Virtual/3D Tour

  • Virtual Tour: 1642 Pennoyer Ave

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Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Grand Haven High School, Public District Grades 9-12
  • White Pines Middle School, Public District Grades 5-8
  • Lakeshore Middle School, Public District Grades 7-8
  • Ferry School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Waverly to Beechtree, North on Beechtree to Pennoyer, East on Pennoyer to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
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Housing Market Comparison

See how this home compares to others in Grand Haven, MI.

Med. Sold Price

$354.9K

Med. Price/SqFt

$255

Avg. Days On Market

46

# of Sold Homes

31

1642 Pennoyer Ave vs Grand Haven

10 DAYS ON ROCKET

-36 Days

$420,000

+$65K More

KEY TAKEAWAY

This property is $65K more than the Median Sold Price in Grand Haven, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024019692

Listing Office:

  • Office Name: Blue Beacon Realty LLC
  • Office Phone: (616) 295-3632
  • Listing Agent: Ryan M Prichard

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 4:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6052924
5
/10
  • Ferry School

  • 1050 Pennoyer Ave

  • 0.77 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6052925
7
/10
  • White Pines Middle School

  • 1400 S Griffin St

  • 0.89 miles

  • Public District Grades 5-8

school-card-donut-6052926
8
/10
  • Lakeshore Middle School

  • 900 Cutler St

  • 1.22 miles

  • Public District Grades 7-8

High School

school-card-donut-6052927
6
/10
  • Grand Haven High School

  • 17001 Ferris St

  • 3.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,079. Residents of Grand Haven, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesMichiganOttawa CountyGrand Haven494171642 Pennoyer Ave

This home is located at 1642 Pennoyer Ave in Grand Haven, MI and zip code 49417. This home, which was built in 1972, sits on a 0.19 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $420,000.

Over 18 listings were sold over their listed price in April 2024 in Grand Haven, MI. In the same period over 5 listings were sold below the listed price and 8 listings were sold for the listed price. In April 2024 in Grand Haven, MI there were 24.7% more homes for sale than in March 2024. Listings spent 46 days on the market in April 2024, and had a median list price of $354,987 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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