167 W Broadway Avenue new Save Request In-Person Tour Request Virtual Tour
Muskegon Heights,MI 49444
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 71024060129
Bedrooms 6
Year Built 1930
Annual Tax Amount $1,341
Lot Size 5,227 Sqft
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
Interior
Heating Hot Water
Exterior
Garage Spaces 8.0
Waterfront no
Roof Type Rubber
Building
Foundation Crawl,Slab
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Brick
Schools
School District Muskegon Heights
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional