Charming Multi-Unit Opportunity in Lakeside!Discover this beautifully maintained multi-family property featuring two spacious units, perfect for investors or those seeking a live-in option.Lower Unit:Size: 1,070 sq. ft.Bedrooms: 2Bathrooms: 1Enjoy a comfortable living space with ample room for family and friends.Upper Unit:Size: 535 sq. ft.Bedrooms: 2Bathrooms: 1Recently updated, this cozy unit is ideal for rental income or guests.Property Highlights:Location: Close to Lake Ferry, marinas, and vibrant Lakeside entertainment.Features: Newer windows enhance energy efficiency and comfort.Additional Amenities: A detached garage and a charming carriage house provide extra storage and potential.Don't miss this incredible opportunity
Discover a prime investment opportunity with this well-maintained multifamily property located at 1580 8th St in the heart of Muskegon. Offering a solid foundation for both new and seasoned investors, this property features 2 spacious, fully leased units, including two 3 bed, 1 bath units. Situated in a vibrant neighborhood, the location is just minutes away from local parks, shopping centers, and restaurants. Residents will enjoy convenience and connectivity with easy access to major highways and public transport. Financially, the property boasts a strong rental history. Muskegon is experiencing growth, with a revitalizing downtown area and increased demand for rental properties. This multifamily investment not only promises steady cash flow but also significant appreciation potential.
Two unit in City of Muskegon. Upper unit has been updated with new floors, paint, kitchen cabinets, counter tops, new furnace and central air. Lower unit has been well maintained. Property has rental certificate good until 2026.
Calling all Investors! Here is a 5 unit with all units currently rented. They would like to stay for instant income. All 5 units are studio's with a full bathroom. Unit 1 is the larger unit with 3 rooms the kitchen, living room and siting area on the lower level, Unit 2 has 2 rooms, a living room and eat in kitchen also on the lower level. There are 3 units upstairs, Unit 3 is the smaller unit as a Studio, Unit 4 has 2 rooms a living room and kitchen, and Unit 5 is the same as 4. There is access to the basement from Unit 1 and from the outside entrance. There is a Washer/Dryer connection, which the Tenant in unit 1 currently owns and allows the other tenants to use. The Landlord pays all utilities, Electric, Gas, Water and Sewer.
High Cash Flow Quadplex - Fully Rented with Separate Utilities! Monthly rents total 3,350This quadplex offers a rare investment opportunity near the growth of downtown Muskegon. All four units are fully rented, providing immediate income. Two of the units have been recently updated with modern finishes, adding to their appeal and increasing rental value. Rental Certification is current as of this summer.Don't miss this turn-key investment opportunity.
Desirable City of Muskegon rental property, fully certified and currently generating over $2,100/month in rental income. With long-term, Section 8 tenants providing guaranteed, government-backed income, this investment offers reliable cash flow. Recent updates include a new roof and freshly painted exterior, minimizing maintenance concerns. Priced at $149,900, it's an ideal opportunity for first-time investors or those looking to expand their portfolio. This property would be perfect for a DSCR loan product, that is based solely off rental income and requires only 20% down.
Great investment opportunity with this upper & lower 2-unit home! Live for free by letting the lower-level tenant cover your payment. The lower unit is already rented at $1,100 per month. The vacant upper-level 1-bedroom apartment can bring in an additional $900 per month. Perfect for owner-occupants or investors looking to maximize rental income. Don't miss out on this chance to live while your tenant pays the mortgage!
Want to own an existing income producing property? This great investment opportunity is an already established mulit-room home that is currently being operating as an Adult Foster Care Home. This home currently rents out for $2,100 per month. With a current lease that is good until 12/22/2027. Some recent updates include a new roof put on within the last month. The deck has recently been power-washed & restained. A new garage door just put in. The seller is still working on some more updates including and new roof on the garage and some fascia repair on the outside. Seller is willing to give a $5,000 credit towards any and all repairs at close.
Welcome to 1171 Spring St, a promising multifamily duplex nestled near the heart of downtown Muskegon! This expansive 5,600 square foot property presents an incredible renovation opportunity for investors or homeowners looking to create their dream living space.Featuring two separate units, each with 3 bedrooms and 1 bathroom, this duplex offers ample space and flexibility for multifamily living or rental income. The property is currently gutted, allowing you to design and customize every detail to your liking.Don't miss out on this rare opportunity to transform a blank canvas into your next successful venture. Schedule your showing today and envision the potential of this multifamily gem in Muskegon!
Welcome to this well-maintained 2-unit rental property, ideal for investors or those seeking an income-generating home! Both units feature 2 spacious bedrooms, 1 full bathroom, and a comfortable layout. Recent updates include fresh exterior paint, giving the property a modern and inviting curb appeal. Located on a generous lot, this property boasts a large barn perfect for storage or potential workshop space, along with plenty of off-street parking for tenants. The large side yard offers ample outdoor space for relaxation or gardening, providing an added appeal for renters. This property is a cash-flowing gem, with great rental history and significant potential for future income. Don't miss this opportunity to add a solid investment to your portfolio!
Fantastic investment opportunity in this recently renovated 2-unit property! Each unit offers 2 bedrooms and 1 full bathroom, with updated electrical, fresh paint, and new flooring throughout. The main floor unit is vacant, making it perfect for owner occupancy, while the upstairs unit is occupied and generating rental income. The property also features a 1-stall detached garage and a rental certificate valid through 6/21/2026. Whether you're looking to invest or live and rent, this property offers flexibility and potential. Don?t miss out on this income-generating gem!
$34,200/year in GRI! This fully renovated duplex, featuring 3 bedrooms and 2 full baths in each unit, has been gutted to the studs and meticulously updated. Major components like the furnace, water heater, siding, flooring, windows, and electrical systems are all brand new. The property has successfully passed all 2024 inspections (plumbing, mechanical, building, and electrical), offering you long-term peace of mind with both functionality and reliability. Each unit has been reconfigured for complete independence, with separate entrances, individual central air systems, and in-unit washer/dryer hookups available! Whether you're expanding your investment portfolio or seeking a low-maintenance property, this duplex combines modern upgrades with dependable rental income potential.
Income property for sale! Live in one, rent out the other and let someone else pay your bills. This 3 bedrooms/3 baths, located close to everything in Muskegon, also has a 1 bed/1 bath upstairs apartment with its own separate entrance and address. The main floor features marble tile kitchen tops, beautiful wood flooring, spacious bedrooms, two full baths, a two car attached garage and more. Many new mechanical and energy efficiency improvements since 2022. This is a must see because it will not be available for very long.
This 3 unit rental property is a great investment opportunity! It is located very close to Muskegon lake with stores and local attractions within walking distance. There are 2 separate rental units, 1 of them is a stand along and the other 2 are connected with separate entrances for each. All units are vacant.
Charming 2-unit home with views of Muskegon Lake and just down the road from Lake Michigan. The first unit downstairs features 2 bedrooms, 1 bathroom, a deck, a storage shed, and a large fenced-in yard overlooking wetlands and the Lake. The second unit upstairs features 1 bedroom and 1 bathroom. Seller currently pays all utilities, and the units have separate gas and electrical meters. Conveniently located within walking distance to the Lakeside shopping area, call today for your private showing. Buyer and buyer's agent to verify all information.
Buyers agents welcome!!! Cash flowing 3 unit investment property in Nim's neighborhood. Has its certificate of compliance with he city , and is ready to go fully rented with long term tenants for the next landlord. Call with any questions. Write an offer today!
Take a look at this duplex! It features a newer roof, is city certified, and is fully occupied. Conveniently located near Apple Ave and the bike path, it falls within the Muskegon School District. The seller is a licensed Realtor in Michigan.
Investors, the opportunity you've been waiting for is here! This property offers incredible potential and awaits your vision. The main building features three apartments, heated storage, and plenty of additional space for future development. Additionally, there are two standalone homes on the property, making a total of five units. Four units are already generating income, and the fifth is in the process of being leased. With separate utilities, ample parking, and room for growth, this property is an exceptional investment!
Welcome to this charming duplex in the heart of Muskegon Heights! This well-maintained property offers the perfect blend of comfort and convenience, ideal for families, professionals, or anyone seeking a cozy homeBoth units enjoy shared access to a lovely backyard, ideal for outdoor activities or simply unwinding in a peaceful setting. Off-street parking ensures you never have to worry about finding a spot. This a fantastic investment property with a total of $1600 a month of rental income. Don't miss out on this wonderful opportunity
Recently updated, this two-unit investment property on South Getty Street offers numerous upgrades. Features include a newer boiler system with electric heat, newer siding, and foam insulation. Managed by a property management company, the lower unit is currently rented, while the upper unit is vacant and ready for a new tenant. Don't miss this well-maintained investment property with potential for strong rental income.
Unique opportunity, two houses one lot with a shared enclosed front porch. Each home has a new roof. (April 2024) Both homes are three beds one bath. Laundry in both basements. Freshly painted interior and appliances in the vacant unit. Live in one unit rent out the other. Pictures of unit 1432 to come.
Unique opportunity, two houses one lot with a shared enclosed front porch. Each home has a new roof. (April 2024) Both homes are three beds one bath. Laundry in both basements. Freshly painted interior and appliances in the vacant unit. Live in one unit rent out the other.Pictures of unit 1432 to come.
Unique opportunity, two houses one lot with a shared enclosed front porch. Each home has a new roof. (April 2024) Both homes are three beds one bath. Laundry in both basements. Freshly painted interior and appliances in the vacant unit. Live in one unit rent out the other.Pictures of unit 1432 to come.
Don't miss out in this unique opportunity to purchase two buildings for the price of ONE in the desirable Nelson neighborhood. You can rent both buildings out, or live in one unit and rent the other 2 out! With three possible units to rent out this has the potential to be your next cash cow! New Roof and new water heater in the upper unit ensures you won't have to spend gobs of money right away on things that don't increase your property value. Buy it, rent it, and relax as the cash rolls in. There is room for some upgrades and improvements to be made in order to increase the amount of rent you could ask, or just continue to rent it out as is. Don't wait, schedule your showing today!
Duplex with many possibilites. Live in one and rent the other. #1313 is 3 bedroom/ 2 bath currently rented for $525/mo, tenant pays gas & electric. #1315 is 1 bedroom/1 bath currently rented for $460, utilities paid by owner.
The median home value in Muskegon, MI is $212,000. This is higher than the county median home value of $203,900. The national median home value is $338,100. The average price of homes sold in Muskegon, MI is $212,000. Approximately 43.62% of Muskegon homes are owned, compared to 42.31% rented, while 14.07% are vacant. Muskegon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Muskegon real estate agent to arrange a tour today!
Muskegon, Michigan has a population of 37,632. Muskegon is less family-centric than the surrounding county with 20.37% of the households containing married families with children. The county average for households married with children is 26.48%.
The median household income in Muskegon, Michigan is $37,827. The median household income for the surrounding county is $57,047 compared to the national median of $69,021. The median age of people living in Muskegon is 35.3 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 34.4 inches per year, with 76.3 inches of snow per year.