111 E Grand AVE, Muskegon City, MI 49442
111 E Grand AVE, Muskegon City, MI 49442
111 E Grand AVE, Muskegon City, MI 49442
17
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$229,900
Est. payment /mo
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0.25 Acres Lot
Active

111 E Grand AVE Muskegon City, MI 49442

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Forest Dorling

Forest Dorling

+1(586) 303-0901

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 71026046086

Year Built 1940

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type MultiFamily

Property Description

Well maintained 3 unit property offering a turn-key income producing opportunity for the new owner. All 3 units are occupied with a total monthly income of $2700, Annual income of $32,400. This property offers a main floor 3 bedroom unit with access to the basement for laundry and storage renting for $1200/mo. 2 upper level units with 1 bedroom each renting for $750/mo each. New roof 3 years ago, fresh exterior paint 4 years ago, new boiler 5 years ago. Various cosmetic upgrades throughout all units. Owner pays gas, water, and trash. Tenants pay electric. Great opportunity to earn passive income for a seasoned or new investor! Photos used in listing were taken after each unit refresh. All units are occupied with tenants in leases. To limit tenant disruptions, seller requests showings with 48 hour notice, to qualified buyers only. Buyer to verify all information.

Location

State MI

County Muskegon

Area Area61102Muskegon

Rooms

Basement Full

Interior

Heating Hot Water, Natural Gas, Radiant

Fireplace No

Laundry InBasement

Exterior

Parking Features Gravel

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Lot Description CornerLot

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Muskegon

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26046086

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Listed by Thomas A Serio of Real Estate West

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Forest Dorling

Forest Dorling

Expert Home Buying & Selling Guide License ID: 6501435737

+1(586) 303-0901

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111 E Grand AVE