539 Marquette Avenue Muskegon, MI ^$ 215,000

539 Marquette Avenue

^$ 215,000

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539 Marquette Avenue

Muskegon, MI, 49442

^$ 215,000

Studio Baths0.0

Monthly Estimate*

^$ 1,502

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539 Marquette Avenue, Muskegon, MI 49442 - Image 9

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Studio

Multi-Family Home for sale in Muskegon, MI

for $215,000. This home was built in 1920 on a lot size of 0.47.

Investment opportunity, this 4 unit has tremendous cash flow possibilities. Must view it to appreciate it. Currently vacant for renovation and value added improvements. 2 units have been updated, new roof, electrical and plumbing upgrades throughout. 3 of 4 units can be rented immediately and the 4th has been demoed and ready for completion for sweat equity. Tons of off street parking with rear ally access If your looking a property with great cash flow this is it. Median rents in the area for the units are: 1 bed $850, 2 bed $965, 3 bed $1025.

Multi-Family Active

Price

^$ 215,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,087

Style

Lot Size

0.47

Year Built

1920

Town/City

Muskegon

County/Region

Muskegon

MLS | Web ID

70388671

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 1920

County Muskegon

Class MULTIFAMILY

Type Multi-Family

Municipality Muskegon

Subdivision MI

Area Muskegon (61023)

Primary City Muskegon

Directions East on Marquette from Business 31

City Muskegon

School District Muskegon Public Schools

Street Name Marquette

Financial Terms Cash Conventional

DOM 84

Postal Code 49442

Coming Soon Investment opportunity this 4 unit has tremendous cash flow possibilities. Must view it to appreciate it. Currently vacant for renovation and value added improvements. 2 units have been updated

Exterior

Exterior Vinyl Siding

Frontage 99

Lot Size Area 0.47

Lot Dimensions 99x207

Waterfront Y/N No

Interior

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Eric Sikkenga

Listing Agent

Keller Williams Gr East

Broker

esikkenga@kw.com

Affordability Calculator

$1,759

Per Month

Monthly Principal & Interest: $1,502
Monthly Property Taxes: $257
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Muskegon, MI

Average List Price ^$408,309

Percent of Sale Price 90%

About Muskegon, MI

39,458 Population

1% Since 2002

^$28,840 Median Income

35.7 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3608543 Elementary School

3608542 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$215,000	-14.00%	Price Down
2/12/2024	$250,000	-12.28%	Price Down
2/6/2024	$285,000		Listed Price

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539 Marquette Avenue, Muskegon, MI, 49442 is a Multi-Family Home for sale at $215,000 with a lot size of 0.47. 539 Marquette Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 49442 which is in Muskegon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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539 Marquette Avenue

Multi-Family Home for sale in Muskegon, MI

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