realsimpli

$260,000

Active

1607 Elwood Street, Muskegon, MI 49442

0 baths

Lot
0.11 acres
Built
1940
Type
2 To 4 Units
On market
50 days
DescriptionShow

Turnkey, fully occupied 4-unit in an established Muskegon rental corridor -- professionally managed with strong, in-place cash flow. This solid quadplex offers 3,440 sq ft on a corner lot with a great unit mix: three 2-bedrooms and one 1-bedroom, generating $3,650 /mo. in total rent. A 3-year-old roof, brand-new high-efficiency furnace, and newer water heaters mean major systems are handled, keeping this a truly passive hold -- ideal for the portfolio builder or out-of-area investor. Functional layouts and abundant natural light keep the units easy to lease. Muskegon's rental market stays tight, with steady demand near schools, major employers, and the lakeshore. Complete rent roll and current leases are available in the docs section; additional financials available upon request. Fully leased, cash-flowing 4-units don't sit long -- schedule your private showing today!

Facts & features

Interior2
Bathrooms
0
Basement
Full
Heating, cooling & utilities2
Heating
Forced Air
Utilities
Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Exterior & construction4
Lot size
0.11 acres
Lot features
Corner Lot
Construction
Aluminum Siding
Year built
1940
Property details7
Type
OTHER
Sub-type
2 to 4 Units
County
Muskegon
Parcel #
24-185-101-0020-00
Days on market
50
MLS #
26033270
Status
Active

District: Muskegon

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow
  1. No recorded history for this property.

Listing courtesy of Clear Realty Group · Tyler Johnson

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