167 W Broadway Avenue Pending

Muskegon,MI 49444

$ 174900

- Bed

- Bath

8382 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,382 sqft

Price per Sqft $20

Subdivision Mi

MLS Listing ID 70442573

Year Built 1930

Annual Tax Amount $1,341

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x100x50x100

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 (61024)

Interior

Heating Hot Water

Exterior

Exterior Feature Brick

Building

Foundation Crawl,Slab

Water Public Water

Structure Type Brick

Schools

School District Other

Others

Energy Description Natural Gas

Financing Cash,Conventional

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