$123,500
$139,900
11.7%For more information regarding the value of a property, please contact us for a free consultation.
5,663 Sqft Lot
SOLD DATE : 11/05/2024
Key Details
Sold Price $123,500
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Muskegon Heights City
MLS Listing ID 24040089
Sold Date 11/05/24
Year Built 1900
Annual Tax Amount $2,234
Tax Year 2023
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 155x86x130
Property Description
Looking for a great investment that cash flows right now? You're not going to want to miss out on this 4 unit apartment in Muskegon Heights!
3 of the units are 1 bed/1 bath that are fully occupied, however the seller updated the main floor unit which is a 2 bed, 1 bath which should rent for $800/mo! We are keeping it empty for showings!
With the building you will also be buying a oversized 2 stall garage! The garage could be rented or kept to use for storage for the building! The water meter for the apartments is located in the garage.
Garage has a new roof, however does have a leak up front toward the west side. New silver coating on the apartment roof. Rents on the apartment alone estimated over $2500 per month! Rent out the garage for even more cash flow!
Location
State MI
County Muskegon
Area Muskegon County - M
Direction Business 31 to airline Rd. which will turn into Merriam. Apartment is on the corner over 3 streets, Merriam, Summit Ave. And Maffett
Rooms
Basement Other
Interior
Heating Forced Air
Cooling None
Fireplaces Number 2
Exterior
Utilities Available Natural Gas Available, Natural Gas Connected
Waterfront No
View Y/N No
Street Surface Paved
Total Parking Spaces 6
Building
Lot Description Corner Lot
Sewer Public Sewer
Structure Type Other
New Construction No
Schools
School District Muskegon Hts
Others
Tax ID 61-26-635-267-0001-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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