167 W Broadway Avenue new Save Request In-Person Tour Request Virtual Tour
Muskegon Heights,MI 49444
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 71024060129
Bedrooms 6
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1930
Annual Tax Amount $1,341
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x100x50x100
Property Description
Great investment opportunity! This 8-unit rental property in Muskegon Heights generates $3,200 in monthly rental income, with all residential units currently occupied, leaving both commercial store fronts available for even more potential income. The building includes four 1-bedroom, 1-bath units and two studio apartments, offering a solid rental history and potential for future expansion. Located in a special use district, the double-storefront brick building provides endless possibilities. Each unit has separate breaker services, with optional separate gas meters for flexibility. Upper apartments feature hardwood floors, kitchens, and kitchenettes. With its solid structure and great location, this property is ready to continue producing income and grow your portfolio!
Location
State MI
County Muskegon
Area Muskegon Heights
Direction Head north on US-31.Take the Sherman Blvd exit toward Muskegon Heights.Turn right onto E Sherman Blvd and continue for approximately 0.8 miles.Turn left onto Baker St and continue for 0.3 miles.Turn right onto W Broadway Ave.Your destination will be on the left.
Interior
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Waterfront no
Roof Type Rubber
Road Frontage Paved
Garage no
Building
Foundation Crawl,Slab
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Brick
Schools
School District Muskegon Heights
Others
Pets Allowed Yes
Tax ID 26185215000100
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional