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$275,000
New Listing

1607 Elwood Street
Muskegon City, MI 49442

For Sale|Multi Family|Active
7
Beds
0
Total Baths
3,440
SqFt
$80
/SqFt
1940
Built
County:
Muskegon

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1-248-228-6711
1607 Elwood Street1607 Elwood Street1607 Elwood Street1607 Elwood Street
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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!

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Listing Snapshot
Price 
$275,000
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
3,440 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1940
MLS® Number 
65026033270
Status 
Active
Property Tax 
$2,709
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
8 hours agoListing first seen on site
General Features
Acres 
0.11
Cross Street 
Elwood & E. Forest
Garage 
Yes
Parking 
Garage
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
3440
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas Connected
Water Source 
Public
Zoning 
Residential
Interior Features
Basement 
Full
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Aluminum Siding
Lot Features 
Corner Lot
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
Area61102Muskegon
School District 
Muskegon
Schools
School District
Muskegon
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Clear Realty Group: [email protected]



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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