Muskegon Heights, MI 49444,3133 5th Street
Muskegon Heights, MI 49444,3133 5th Street
Muskegon Heights, MI 49444,3133 5th Street
37
$349,000
$379,000
7.9%
Est.Price: ?

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8 BD
5,227 Sqft Lot

3133 5th Street Muskegon Heights, MI 49444

Est. payment /mo
SOLD DATE : 06/07/2022

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Key Details

Sold Price $349,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65022008695

Sold Date 06/07/22

Bedrooms 8

Originating Board Greater Regional Alliance of REALTORS

Year Built 1930

Annual Tax Amount $1,060

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x104

Property Description

In a world were most investment Real Estate offerings do not seem to offer any substantial upside, Here is a good opportunity. This stabilized bundle of 8 single family homes is fully occupied and offered at a 9 cap. These homes are all located within 3 or 4 blocks of each other. They are mostly two bedroom homes and have been professionally managed since 2017 and while they have been updated a little at a time at each turn, there is a ton of opportunity to bring each home to the next level and continue pushing the rents higher. Out of respect for the occupants, all showings/inspections will be scheduled upon acceptance of an offer and verification of funding. This seller is liquidating all of his single family homes in bundles only and will not sell any individually. This makes for an excellent opportunity for a house flipper! The sales price for rehabbed homes in Muskegon Heights is now consistently clearing $100k. The demand is growing rapidly as news is sprea

Location

State MI

County Muskegon

Area Muskegon Heights

Zoning Residential

Direction All 8 Single Family homes are located within the same few blocks.Take Seaway to Broadway, East To Jefferson then South to Jefferson houses, Glendale, 6th and finally 5th st

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Roof Type Composition

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Wood

Schools

School District Muskegon Heights

Others

Pets Allowed Yes

Tax ID 26770022001700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Kathleen M Dennison of Lighthouse Property Management
Bought with RE/MAX United (Main)

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agent

Travis Juntti

License ID: 6506048586

+1(517) 304-4271

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