Ignite FB Tracking Pixel167 W Broadway Avenue, Muskegon, MI 49444 is now new to the market! - Terry Puffer

167 W Broadway Avenue, Muskegon, MI 49444 is now new to the market!

by Terry Puffer 11/21/2024

167 W Broadway Avenue, Muskegon, MI 49444
MultifamilySold
List Price $174,900
Sold Price $160,000
167 W Broadway Avenue
Muskegon, MI 49444
Courtesy of Five Star Real Estate
MLS: Michigan Regional Information Center
5,009Sq Ft
Est. Mortgage
$1,003/mo

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!

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About the Author
Author

Terry Puffer

Hi, I'm Terry Puffer and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.