$123,500
$139,900
11.7%For more information regarding the value of a property, please contact us for a free consultation.
3009 Merriam Street Muskegon Heights, MI 49444
4 Beds
5,662 Sqft Lot
Key Details
Sold Price $123,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 71024040089
Sold Date 11/05/24
Bedrooms 4
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1900
Annual Tax Amount $2,234
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 155x86x130
Property Description
Looking for a great investment that cash flows right now? You're not going to want to miss out on this 4 unit apartment in Muskegon Heights! 3 of the units are 1 bed/1 bath that are fully occupied, however the seller updated the main floor unit which is a 2 bed, 1 bath which should rent for $800/mo! We are keeping it empty for showings!With the building you will also be buying a oversized 2 stall garage! The garage could be rented or kept to use for storage for the building! The water meter for the apartments is located in the garage. Garage has a new roof, however does have a leak up front toward the west side. New silver coating on the apartment roof. Rents on the apartment alone estimated over $2500 per month! Rent out the garage for even more cash flow!
Location
State MI
County Muskegon
Area Muskegon Heights
Direction Business 31 to airline Rd. which will turn into Merriam. Apartment is on the corner over 3 streets, Merriam, Summit Ave. And Maffett
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Waterfront no
Road Frontage Paved
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Other
Schools
School District Muskegon Heights
Others
Pets Allowed Yes
Tax ID 6126635267000100
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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