Courtesy of Clear Realty Group, Tyler Johnson

1607 Elwood Street, Muskegon, Michigan, 49442

$260,000
0.11 Acres
7 bd
#26033270
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!

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Total: 6
  • Garage on Property:
  • Zoning Description : RES
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Aluminum Siding
  • Basement Description : Full
  • Basement on Property:
PROPERTY DETAILS
ID: 26033270
Status: Pending Sale
Price: $260,000
Acres: 0.11 Acres
Price Per Acre: $2,363,636
Type: Multi-family
Address: 1607 Elwood Street
City, State: Muskegon, Michigan
County: Muskegon
Zip Code: 49442
Lat/Long: 43.223078, -86.22847
Presented By: Tyler Johnson
Phone:
Email: Click to Contact