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Undisclosed Address in Whitehall, MI 49461

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Listing Type
Multi Family
Listing Status
pending
37
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$450,000

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Home Details 4195 N Weber Road
Price
$450,000
Type
Multi Family
Year Build
1979
Lot Size
0.31
County
Muskegon
Basement
Full
Tax
$4,180
MLS®️ Listing#
25002289
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.
Property Features
Listing Courtesy: Greenridge Realty (EGR) - 616-458-3655. Presented by: Lisa M Stewart
mls_iconThe properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2025 Southwestern Michigan Regional Information Center, LLC. All rights reserved.
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EXIT REAL ESTATE OF LUDINGTON
401 W. Ludington Ave. Ste. 101, Ludington, MI 49431
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$450,000

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EXIT REAL ESTATE OF LUDINGTON
401 W. Ludington Ave. Ste. 101, Ludington, MI 49431
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