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263 W Muskegon Avenue Muskegon, MI 49440-1334
2,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $112
Subdivision Mi
MLS Listing ID 70528815
Year Built 1937
Annual Tax Amount $5,200
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x132
Property Sub-Type Multi-Family
Property Description
Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect.Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one.With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.
Location
State MI
County Muskegon
Area Muskegon (61023)
Interior
Heating Wall Heat, Forced Air
Exterior
Exterior Feature Wood
Building
Foundation Basement
Structure Type Wood
Schools
School District Muskegon Public Schools
Others
Ownership Other/See Remarks
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Apex Realty Group