bedrooms
0
bathrooms
0
square feet
0
Acreage
0.31
Open Houses
-
year built
1979
Full Baths
0
Half Baths
0
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in those units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. Extra bedroom could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income. This property is only 3.9 miles from Duck Lake state park and commuting distance from large manufacturing plants Howmet Aerospace and Hilite. Reeths Puffer school district.
Location | |
Subdivision | - |
County | Muskegon |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25002289
Listing agent:
Lisa M Stewart
Listing broker:
Greenridge Realty Inc.
(616) 974-5042
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Sunday, January 19 2025 at 5:35 p.m. EST
Kotohomes National
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