Muskegon, MI 49441,1580 8th Street
Muskegon, MI 49441,1580 8th Street
Muskegon, MI 49441,1580 8th Street
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$185,000
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1,568 SqFt
Active

1580 8th Street Muskegon, MI 49441

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UPDATED:

11/02/2024 12:35 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,568 sqft

Price per Sqft $117

Subdivision Mi

MLS Listing ID 70439290

Year Built 1930

Annual Tax Amount $2,023

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x100

Property Description

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.

Location

State MI

County Muskegon

Area Muskegon (61023)

Rooms

Basement MI Basement

Interior

Heating Forced Air

Exterior

Exterior Feature Vinyl Siding

Waterfront No

Building

Lot Description Sidewalks

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Muskegon Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Paul Bunce Real Estate

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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1580 8th Street