2516 5th Street Muskegon Heights, MI ^$ 187,500

2516 5th Street

^$ 187,500

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2516 5th Street

Muskegon Heights, MI, 49444

^$ 187,500

Studio Baths0.0

Monthly Estimate*

^$ 1,310

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Studio

Multi-Family Home for sale in Muskegon Heights, MI

for $187,500. This home was built in 1930 on a lot size of 0.29.

Unlock incredible potential with this 4-Unit Multi-Family home! Presently, three of the four units are occupied, promising immediate returns on investment. The property has a nice full-sized basement offering abundant storage and convenient washer and dryer facilities. Positioned on a spacious double-wide lot, a garage is situated on the left side for added connivence. Enjoy its location within walking distance of parks and biking distance of Sherman and Henry, making it an enticing opportunity for investors.

Multi-Family Active

Price

^$ 187,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,922

Style

2 to 4 Units

Lot Size

0.29

Year Built

1930

Town/City

Muskegon Heights

County/Region

Muskegon

MLS | Web ID

24008394

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Natural Gas Connected Electric Connected Cable Connected

Possession Subject To Tenant Rights

Roof Composition

Construction Materials Wood Siding

Year Built 1930

Tenant Pays Electric Gas

Property SubType 2 to 4 Units

Tax Year 2023

County Muskegon

New Construction N

Property Type Multi-Family

Status Active

Directions West on Sherman North on 5th home is on the East side of street.

City Muskegon Heights

High School District Muskegon Hts

Zoning Description R1

Total Units 4

MLS Area Muskegon County - M

Lot Size Square Feet 12502.0

Waterfront Y/N N

Street Name 5th

Land Lease Y/N N

Tax Annual Amount 3922.88

Lease Renewal Y/N N

MLS Area Minor Muskegon County - M

Additional Parcels Y/N N

Rent Control Y/N N

Days on Market 51

Standard Status Active

Occupancy Description Tenant

Tax Assessed Value 52200

Legal Description HT2136 BLK 142 LOTS 20 & 21

Senior Community None

Interior

Basement Full

Total Fireplaces 1

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Total Parking 6.0

Lot Size Area 0.29

Number of Buildings 1

Spa N

Lot Dimensions 100 x 125

Lot Size Acres 0.29

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2516

* Excluded Features

List By

Keller Williams Gr East

Broker

lauracolegr@kw.com

Affordability Calculator

$1,637

Per Month

Monthly Principal & Interest: $1,310
Monthly Property Taxes: $327
Monthly Home Insurance: --

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Yearly Property Taxes

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 Heights, MI

Average List Price ^$113,529

Percent of Sale Price 39%

About Muskegon Heights, MI

10,457 Population

-13% Since 2002

^$22,917 Median Income

32.44 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

250541 Elementary School

251553 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2024	$187,500	-6.25%	Price Down
2/20/2024	$200,000		Listed Price

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2516 5th Street, Muskegon Heights, MI, 49444 is a Multi-Family Home for sale at $187,500 with a lot size of 0.29. 2516 5th Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 49444 which is in Muskegon Heights, 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 4/29/2024.

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2516 5th Street

Multi-Family Home for sale in Muskegon Heights, MI

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