UPDATED:
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 25047929
Year Built 1900
Annual Tax Amount $1,183
Tax Year 2024
Lot Size 4,487 Sqft
Acres 0.1
Lot Dimensions 77 x 58
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Both units are leased through April 2026, one side is a 3 bedroom, 1 bath layout at $1,145/month, and the other a 1 bedroom, 1 bath unit at $745/month, for a total of $1,890/month.
The home has been well cared for, with key improvements including updated electrical in 2019, plumbing in 2020, a new roof in 2021, fresh vinyl plank flooring and carpet in 2023, and full kitchen remodels in 2024 featuring stainless appliances, new cupboards, and butcher block countertops. The property is currently managed by United Properties, making it a seamless, hands-off investment!
Tenants cover utilities, and the property is set up as a cash flowing investor special with minimal maintenance needs. It's in a convenient location with reliable leases in place, this is a great addition to any portfolio or a smart first-time investment!
Location
State MI
County Muskegon
Area Muskegon County - M
Direction From Laketon, turn north on Hoyt, left on Southern
Rooms
Basement Michigan Basement, Slab
Interior
Heating Forced Air, Wall Furnace
Fireplaces Number 2
Laundry In Unit
Exterior
Parking Features Driveway, Gravel
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Corner Lot
Structure Type Vinyl Siding
New Construction No
Schools
School District Muskegon
Others
Tax ID 24-205-279-0007-10
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/25047929
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