1580 8th Street, Muskegon, MI 49441 – 24056845

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Core Realty

info@corerealty.com +1(231) 375-5273

$185,000

Est. payment - /mo

5,009 Sqft Lot

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UPDATED:

11/02/2024 12:15 PM

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 24056845

Year Built 1930

Annual Tax Amount $2,023

Tax Year 2023

Lot Size 5,009 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 County - M

Direction Seaway Drive to W Southern Ave East to 8th Street, South to property.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplaces Number 1

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Broadband

View Y/N No

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-205-430-0004-10

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Paul Bunce Real Estate

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Core Realty

+1(231) 375-5273

Brokerage | License ID: 6505385692

Brokerage License ID: 6505385692

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