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Undisclosed Address in Fruitland Township, MI 49461
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$450,000
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Home Details 4195 N Weber Road
Price
$450,000
Type
Multi Family
Bedrooms
9
Year Build
1979
Lot Size
0.31
County
Muskegon
Basement
Full
Tax
$4,180
MLS®️ Listing#
65025002289
On exitrealty.com
262 days
Property Description
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in all units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income.This property is only 3.9 miles from Duck Lake state park and commuting distance from large manufacturing plants Howmet Aerospace and Hilite. Reeths Puffer school district.
- Heating Information
- Baseboard
- Electric
- Forced Air
- Natural Gas
- Water Features
- Private
- Well
- Utilities
- Electricity Connected
- Natural Gas Connected
- Parking
- Asphalt
- Paved
- House Interior
- Storage
- Basement
- Full
Listing Courtesy: Greenridge Realty (EGR) - 616-458-3655

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EXIT AHEAD REALTY
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