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324 Catherine AVE Muskegon, MI 49442
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65022032616
Sold Date 07/30/22
Year Built 1900
Property Sub-Type MultiFamily
Property Description
7 Properties, 9 Units. Fully rented and stabilized. Several of these homes have been updated with new roofs, furnaces, appliances and flooring over the last 4 years. There is always more work to be done, but this is a nice solid investment portfolio. Single family homes are nice assets to invest in as they are more liquid in an uncertain market. This bundle is priced at a 7 cap with room to increase rents. SOLD BEFORE BROADCAST
Location
State MI
County Muskegon
Area Area61102Muskegon
Interior
Heating ForcedAir, NaturalGas
Exterior
Utilities Available ElectricityConnected, NaturalGasAvailable
View Y/N No
Building
Foundation MichiganBasement
Sewer PublicSewer
Water Public
Schools
School District Muskegon
Others
Acceptable Financing Conventional
Listing Terms Conventional
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