$ 185,000
1580 8th Street Muskegon, MI 49441
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$ 185,000
Est. payment | /mo
1,568 SqFt
$ 185,000
Est. payment | /mo
1,568 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,568 sqft
Price per Sqft $117
Subdivision Mi
MLS Listing ID 70439290
Year Built 1930
Annual Tax Amount $2,023
Tax Year 2023
Lot Size 5,227 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 (61023)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Waterfront No
Building
Lot Description Sidewalks
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Muskegon Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Paul Bunce Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "