263 W Muskegon Avenue, Muskegon, MI 49440
263 W Muskegon Avenue, Muskegon, MI 49440
263 W Muskegon Avenue, Muskegon, MI 49440
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$325,000
Est. payment /mo
8,712 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Muskegon City

MLS Listing ID 26019126

Year Built 1937

Annual Tax Amount $5,200

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66x132

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Major capital improvements already completed -- new water heaters, new furnaces, and a full renovation of Unit 1. Unit 3 was rebuilt from the studs up. The work is done; just step in and collect. Currently stabilized with reliable long-term tenants plus one booked midterm rental, this property is cash-flowing and positioned for immediate returns. Whether you're an investor adding to your Muskegon portfolio or a buyer looking to owner-occupy, the numbers work from day one. With downtown Muskegon continuing its impressive growth trajectory, upside potential here is real. Don't miss this rare opportunity to acquire a turnkey income property in one of West Michigan's most exciting markets.

Location

State MI

County Muskegon

Direction take Apple west then take a left onto W. Muskegon. Property 1 block on your left across from church.

Rooms

Basement Full

Interior

Heating Forced Air, Wall Furnace

Exterior

Parking Features Paved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Composition,Rubber

Street Surface Paved

Total Parking Spaces 6

Building

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-205-351-0004-00

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

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Listed by Apex Realty Group

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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