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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Muskegon Heights City
MLS Listing ID 23022561
Sold Date 06/28/23
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1920
Annual Tax Amount $600
Tax Year 2022
Lot Size 3,398 Sqft
Acres 0.08
Lot Dimensions 39x85
Property Description
This is a great value add opportunity. 25 single family homes. All stabilized and 97% occupied. The properties need work, but this can easily be done as units come vacant as part of a long term hold strategy.
This portfolio sold off market and is being reported for use as a comparable.
Location
State MI
County Muskegon
Area Muskegon County - M
Direction USE GPS
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 25
Exterior
Waterfront No
View Y/N No
Roof Type Composition
Total Parking Spaces 50
Building
Sewer Public Sewer
Structure Type Wood Siding, Other
New Construction No
Schools
School District Muskegon Hts
Others
Tax ID 26-185-051-0024-10
Acceptable Financing Cash
Listing Terms Cash
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