324 Catherine Avenue, Muskegon, MI 49442
$583,000 - Sold
- MLS#: 22032616
- Number of Units: 9
- Type: 5+ Units
- School District: Muskegon
- County: Muskegon
- Taxing Authority: Muskegon City
- Year Built: 1900
- Basement: Yes
- Air: None
- Lot Size: 0x0
- Square Footage: 0
- Exterior: Other
- Water: Public
- Acreage: .00
- Heat: Forced Air/Natural Gas
- PPN: 24-205-250-0005-00
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Electric
- Utilities Available at Street: Natural Gas
- Extras: None
- Lot Description:
- Frontage/Type: 0 / Street, 0 / Water
- Terms: Conventional
- Original Price: $583,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Wood To Catherine
- 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
- Commission Offered:
- Buyer Agency: 3.00 % Sub Agency: 3.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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