1607 Elwood Street, Muskegon, MI 49442
- $260,000
- List Price
- $260,000
- Price Change
- ▼ $15,000 1784751848
- Days on Market
- 30
- MLS#
- 26033270
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Turnkey, fully occupied 4-unit in an established Muskegon rental corridor -- professionally managed with strong, in-place cash flow. This solid quadplex offers 3,440 sq ft on a corner lot with a great unit mix: three 2-bedrooms and one 1-bedroom, generating $3,650 /mo. in total rent. A 3-year-old roof, brand-new high-efficiency furnace, and newer water heaters mean major systems are handled, keeping this a truly passive hold -- ideal for the portfolio builder or out-of-area investor. Functional layouts and abundant natural light keep the units easy to lease. Muskegon's rental market stays tight, with steady demand near schools, major employers, and the lakeshore. Complete rent roll and current leases are available in the docs section; additional financials available upon request. Fully leased, cash-flowing 4-units don't sit long -- schedule your private showing today!
Additional Information
- Owner Pays
- Gas, Sewer, Water
- Taxes
- $2,709
- Acres
- 0.11
- Basement
- Full
- Heating
- Forced Air
- School District
- Muskegon
- Tenant Pays
- Electricity, None
- Total Parking Spaces
- 6
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Tyler Johnson from Listing Office: Clear Realty Group.
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