Courtesy of Apex Realty Group, Paul DeBoer

263 W Muskegon Avenue, Muskegon, Michigan, 49440

$325,000
0.20 Acres
5 bd
#26019126
Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect. Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one. With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Paved
  • Parking Total: 6
  • Zoning Description : B-1
  • Heating on Property:
  • Heating : Natural Gas, Forced Air, Wall Furnace
  • Construction Materials: Wood Siding
  • Roof: Composition, Rubber
  • Road Surface Type: Paved
  • Basement Description : Full
  • Basement on Property:
PROPERTY DETAILS
ID: 26019126
Status: Active
Price: $325,000
Acres: 0.20 Acres
Price Per Acre: $1,625,000
Type: Multi-family
Address: 263 W Muskegon Avenue
City, State: Muskegon, Michigan
County: Muskegon
Zip Code: 49440
Lat/Long: 43.233167, -86.249888
Presented By: Paul DeBoer
Phone:
Email: Click to Contact