$210,000
$225,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
7,754 Sqft Lot
SOLD DATE : 10/25/2024
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Muskegon City
MLS Listing ID 24045827
Sold Date 10/25/24
Year Built 1893
Annual Tax Amount $5,598
Tax Year 2024
Lot Size 7,754 Sqft
Acres 0.18
Lot Dimensions 58x134
Property Description
Buyers agents welcome! This is a fantastic opportunity to purchase a 4 unit home in the historic district of muskegon. 3 of the 4 units are rented out currently and all been well maintained. There is a large attic space that could be converted into a 5th unit by a savvy investor to maximize the rental potential of the property. BONUS, the property also has a detached garage to offer as storage to tenants. Property has an estimated Cap rate of nearly 15%. Don't miss this fantastic opportunity! Call today!
Location
State MI
County Muskegon
Area Muskegon County - M
Direction GPS
Rooms
Basement Full
Interior
Heating Radiant
Fireplaces Number 1
Exterior
Utilities Available Phone Available, Cable Available, Natural Gas Connected, Electricity Connected, Sewer Available
Waterfront No
View Y/N No
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Muskegon
Others
Tax ID 24-205-289-0004-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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