Muskegon, MI 49441,996 W Forest Avenue
Muskegon, MI 49441,996 W Forest Avenue
Muskegon, MI 49441,996 W Forest Avenue
10
$640,000
$689,900
7.2%
Est.Price: ?

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8,720 SqFt

996 W Forest Avenue Muskegon, MI 49441

Est. payment /mo
SOLD DATE : 06/14/2021

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Key Details

Sold Price $640,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,720 sqft

Price per Sqft $73

Subdivision Mi

MLS Listing ID 70171796

Sold Date 06/14/21

Year Built 1929

Annual Tax Amount $10,503

Tax Year 2019

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 47x124

Property Description

Check out the double digit cashflow on this 8 unit package professionally managed and maintained by Lighthouse Property Management. All of the heavy lifting has been done, which makes this a perfect package for any investor. These single family homes are all occupied, city certified, and in desirable Muskegon locations that bring in $7,025/month in rent (with room to grow!). Each of these properties are in solid condition and have had updates throughout the past few years. Buyer to verify all information. See attached pro forma for unit details and lease information. Seller reserves Generac home generator at 511 E Isabella.

Location

State MI

County Muskegon

Area Muskegon (61023)

Interior

Heating Forced Air

Exterior

Exterior Feature Aluminum, Vinyl Siding, Wood

Waterfront No

Building

Water Public Water

Structure Type Aluminum,Vinyl Siding,Wood

Schools

School District Muskegon Public Schools

Others

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Lighthouse Property Management
Bought with Independence Realty (RSC)

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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