- – beds
- – baths
- – sqft
- 5,227 sqft lot
- 1930 build
- – on site
More homes
In a world were most investment Real Estate offerings do not seem to offer any substantial upside, Here is a good opportunity. This stabilized bundle of 8 single family homes is fully occupied and offered at a 9 cap. These homes are all located within 3 or 4 blocks of each other. They are mostly two bedroom homes and have been professionally managed since 2017 and while they have been updated a little at a time at each turn, there is a ton of opportunity to bring each home to the next level and continue pushing the rents higher. Out of respect for the occupants, all showings/inspections will be scheduled upon acceptance of an offer and verification of funding. This seller is liquidating all of his single family homes in bundles only and will not sell any individually. This makes for an excellent opportunity for a house flipper! The sales price for rehabbed homes in Muskegon Heights is now consistently clearing $100k. The demand is growing rapidly as news is spreading that the city is now working with builders to redevelop the city's vacant lots. The seller is NOT offering owner financing.
Last checked:
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Last updated Apr 12, 2025
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MLS# 65022008695 —
The Building
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Year Built:1930
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Construction Materials:WoodSiding
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Roof:Composition
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Basement:true
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Foundation Details:MichiganBasement
Location
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Directions:All 8 Single Family homes are located within the same few blocks.Take Seaway to Broadway, East To Jefferson then South to Jefferson houses, Glendale, 6th and finally 5th st
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Cross Street:Amsterdam
The Property
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Parcel Number:26770022001700
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.12
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Lot Size Area:5184.0
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Lot Size Dimensions:50x104
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Lot Size Units:SquareFeet
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Zoning Description:Residential
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Road Frontage Feet:50
Listing Agent
- Contact info:
- Agent phone:
- (616) 318-8052
- Office phone:
- (616) 257-9577
Taxes
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Tax Legal Description:Legal Descriptions on File
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Tax Assessed Value:13993
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Tax Annual Amount:1060.0
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
Utilities
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Utilities:ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:MuskegonHeights
Parking
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Parking Total:10.0
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively 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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/8/18
Jun 8, 2018
|
MICHRIC | $13,000 |