Great Downtown 2 unit close to shopping, entertainment, dining. Fresh paint and move in ready. Can be used as a duplex, single family or an Air b&b. Buyer and buyer's agent to verify all information. Also see MLS# 24062644
This 2 unit property with large lot and detached garage holds a 2 bed, 1 bath 1100 square foot lower unit and a 3 bed 1 bath upper unit. Common laundry and utility and storage space on ground level adds to the property and usability. Lower unit is currently occupied while the upper unit just became vacant. Please allow 24 hours notice for showings.
UNLOCK THE POTENTIAL!Check out this amazing property with TWO units, featuring a beautifully remodeled main unit (2023) including furnace, water boiler, roofing, flooring, electrical and windows. The rear unit is waiting for your TLC. Perfect for homeowners, investors, or those seeking a guest house. Located near historic Muskegon, close to attractions and the Great Lakes. Call today for a showing! Land contract purchase options available!
Attention investors! Nice duplex with beautiful wood floors. Full basement, lots of character deep lot great income potential! Buyer to verify all information.
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.
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!
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!
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.
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!
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!
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 empty, utilities paid by owner.
The median home value in Muskegon, MI is $199,900. This is lower 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 $199,900. 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.