$215,000
$220,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
1607 Elwood Street Muskegon, MI 49442
4,966 Sqft Lot
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Muskegon City
MLS Listing ID 25009320
Sold Date 04/18/25
Year Built 1940
Annual Tax Amount $2,709
Tax Year 2024
Lot Size 4,966 Sqft
Acres 0.11
Lot Dimensions 40 x 124
Property Sub-Type 2 to 4 Units
Property Description
Prime investment opportunity in a sought-after Muskegon location! This solid 4-plex sits on a sound foundation with a new roof (just 2 years old), ensuring lasting durability. Three of the four units are already rented, providing immediate income potential, while the fourth unit offers an opportunity to add value with updates. The property has natural light, functional layouts and strong structural integrity. Situated in a growing rental market, this is a fantastic chance to expand your portfolio with a turnkey multifamily property. Don't miss out—schedule your showing today!
Location
State MI
County Muskegon
Area Muskegon County - M
Direction Head north on US-31 N 1.1 mi Take exit 113 for Laketon Ave 0.2 mi Turn left onto E Laketon Ave 1.1 mi Turn right onto S Getty St 0.2 mi Turn left onto Nims St 0.1 mi Slight left onto E Forest Ave 0.1 mi Turn left onto Elwood St Destination will be on the right
Rooms
Basement Full
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Utilities Available Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Total Parking Spaces 6
Building
Lot Description Corner Lot
Structure Type Aluminum Siding
New Construction No
Schools
School District Muskegon
Others
Tax ID 24-185-101-0020-00
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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Bought with Clear Realty Group