263 W Muskegon Avenue, Muskegon, Michigan, 49440
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
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