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263 W Muskegon Ave

Muskegon MI 49440

2900 sq. ft.
0.2 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

2900 sq. ft. floor area
0.2 ac. lot size
Multi-Family

Property history for 263 W Muskegon Ave

2022
Sold
$205,000
12 Aug 2022 by Felicia Kelley, of The Kelley Group
2018
Sold
$70,000
04 May 2018 by David Medendorp, of Medendorp Real Estate Group

Happy sellers in Muskegon

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We have insufficient information to provide an overview of customer satisfaction for Muskegon. Viewing the agent profiles, reviews and sales for Muskegon can provide insights for this location.

Local market activity for multi families in Muskegon

In the last 12 months, 1 multi family similar to 263 W Muskegon Ave, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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