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!
$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.
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.
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.
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 $151,900. 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 $151,900. 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 49442 has a population of 37,632. Muskegon 49442 is more family-centric than the surrounding county with 26.98% 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 49442 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 49442 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.