Muskegon Heights, MI 49444,167 W Broadway Avenue
$160,000
$174,900
8.5%
Est.Price: ?

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6 BD
5,227 Sqft Lot

167 W Broadway Avenue Muskegon Heights, MI 49444

Est. payment /mo
SOLD DATE : 12/27/2024

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Key Details

Sold Price $160,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 71024060129

Sold Date 12/27/24

Bedrooms 6

Originating Board West Michigan Lakeshore Association of REALTORS®

Year Built 1930

Annual Tax Amount $1,341

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x100x50x100

Property Description

Great investment opportunity! This 8-unit rental property in Muskegon Heights generates $3,200 in monthly rental income, with all residential units currently occupied, leaving both commercial store fronts available for even more potential income. The building includes four 1-bedroom, 1-bath units and two studio apartments, offering a solid rental history and potential for future expansion. Located in a special use district, the double-storefront brick building provides endless possibilities. Each unit has separate breaker services, with optional separate gas meters for flexibility. Upper apartments feature hardwood floors, kitchens, and kitchenettes. With its solid structure and great location, this property is ready to continue producing income and grow your portfolio!

Location

State MI

County Muskegon

Area Muskegon Heights

Direction Head north on US-31.Take the Sherman Blvd exit toward Muskegon Heights.Turn right onto E Sherman Blvd and continue for approximately 0.8 miles.Turn left onto Baker St and continue for 0.3 miles.Turn right onto W Broadway Ave.Your destination will be on the left.

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Roof Type Rubber

Road Frontage Paved

Garage no

Building

Foundation Crawl, Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Structure Type Brick

Schools

School District Muskegon Heights

Others

Pets Allowed Yes

Tax ID 26185215000100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Ron Zok of Five Star Real Estate
Bought with Coldwell Banker Woodland Schmidt

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agent

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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