Steven MalloyBig Rapids Realty, REALTOR®

231-218-4605

1607 Elwood Street, Muskegon, MI 49442

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$275,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Muskegon
  • County Muskegon
  • Township Muskegon City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full
  • Garage  
  • Acreage 0.11
  • Heat Type Forced Air
  • Central Air  
  • Year Built 1940
  • Style  
  • Exterior  
  • Taxes  
  • SEV 147600
  • Zoning RES
  • Parcel 24-185-101-0020-00
  • Lot Size 40x124

Features

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!

Listing Courtesy of Tyler Johnson - Clear Realty Group

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