




263 W Muskegon Ave, Muskegon, MI, 49440
5beds
4baths
2,900sqft
$325,000
$112price/sqft
$2,306/moest. monthly cost
$92,240/yrincome needed
About This Home
Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect. Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one. With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.
Getting Around
87
0
59
Schools
--
3/10
4/10
Construction
Condition
- Year built: 1937
Materials
- Roof: Composition,Rubber
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Heating features: Forced Air,Wall Furnace
Interior Area
- Total interior livable area: 2,900 sqft
Property
Details
- Parcel number: 24205351000400
- Zoning description: B-1
Lot
- Lot size: 8,712 sqft
- Lot size dimensions: 66 x 132
Parking
- Total spaces: 6
- Parking features: Paved
