1580 8th Street new Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49441
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Muskegon City
MLS Listing ID 24056845
Year Built 1930
Annual Tax Amount $2,023
Tax Year 2023
Lot Size 5,009 Sqft
Acres 0.12
Lot Dimensions 50x100
Property Description
Discover a prime investment opportunity with this well-maintained multifamily property located at 1580 8th St in the heart of Muskegon. Offering a solid foundation for both new and seasoned investors, this property features 2 spacious, fully leased units, including two 3 bed, 1 bath units. Situated in a vibrant neighborhood, the location is just minutes away from local parks, shopping centers, and restaurants. Residents will enjoy convenience and connectivity with easy access to major highways and public transport. Financially, the property boasts a strong rental history. Muskegon is experiencing growth, with a revitalizing downtown area and increased demand for rental properties. This multifamily investment not only promises steady cash flow but also significant appreciation potential.
Location
State MI
County Muskegon
Area Muskegon County - M
Direction Seaway Drive to W Southern Ave East to 8th Street, South to property.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplaces Number 1
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Broadband
Waterfront No
View Y/N No
Roof Type Composition
Total Parking Spaces 2
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Muskegon
Others
Tax ID 24-205-430-0004-10
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional