Thank you
Andrew J Straub
Five Star Real Estate (Grandv)
616-257-1500
This beautiful historic flagship home has been renovated from the studs in to create a wonderful 5 unit investment property that is turn key and ready to produce income! This property has a short term rental certificate from the City. No expense was spared in turning this property into what it is today. From the moment you pull up charm and historical beauty abound. The exterior is beautifully landscaped and is also equipped with in-ground sprinkling for the yard and plant beds. Additional exterior notes are new roof, new windows (other than a few windows in unit 2), and professionally restored and painted siding. The charm continues when walking up the stairs to the large wrap around front porch.Head inside and you are greeted with a beautiful common space with original hard wood floors as well as the stairway with original stair post with wonderful detail. Each unit has all new vinyl plank flooring, quartz counter tops, tile back splash, plenty of lighting, and stainless steal appliances. Units 1 and 2 have their own in unit laundry. Units 3,4,and 5 share the laundry on the second level common space. Units are heated and cooled using mini split systems that control the temperature in each room using only electricity. All units have also been furnished and stocked with everything needed to operate as a short term rental. This property would make a wonderful short term rental or high end rental property. Other notable details are that the floors have been leveled using gypcrete which makes sure there is zero sloping but also improves fire rating as well as reduces floor noise. All new electrical, plumbing, insulation and HVAC. There is a fire suppression system as well. Also ring flood light cameras cover all 4 corners of the house giving 360 degree sight and sound 24/7. The exterior also has new concrete with plenty of parking. Projections on short term rental are an average of $150 per night with and occupancy of 60% or 220 nights per unit. resulting in a projected income of $165,000 per year. This is a great o
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Laundry Facility,Cable Available
Roof : Composition
Basement Description: Daylight
Cooling: Central Air
Heating: Wall/Floor Furnace
Heating Fuel: Electric
Year Built: 1906
Total Units: 5
Roof: Composition
Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Public (Municipal),Water at Street
Lot Size: 0.40
Lot Dimensions: 132 x 132
Frontage Feet: 264
Financing: Cash,Conventional
Original List Price: $800,000
Possession: At Close
Legal Description: CITY OF MUSKEGON REVISED PLAT OF 1903 LOTS 3-4 BLK 230 SUBJ TO ELECTRIC ESMT L/P 4304/252
Annual Tax: $3,480
Parcel Number: 24205230000300
At Close
Legal Description: Section: CITY OF MUSKEGON REVISED PLAT OF 1903 LOTS 3-4 BLK 230 SUBJ TO ELECTRIC ESMT L/P 4304/252
Parking: 5
Road Frontage: Paved
# of Bedrooms: 5
School District: Muskegon
Water:Public (Municipal),Water at Street
Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1374 Pine Street , Muskegon, MI,49442 | $11,900 | -- | -- | -- | 0.11 Acre |
1374 Pine Street, Muskegon, MI,49442 | $11,900 | -- | -- | -- | 0.11 Acre |
3681 Hall Road #C, Muskegon, MI,49442 | $34,900 | -- | -- | -- | 1.01 Acre |
V/L E Apple Avenue , Muskegon, MI,49442 | $36,999 | -- | -- | -- | 1.52 Acres |
V/L E Apple Avenue, Muskegon, MI,49442 | $36,999 | -- | -- | -- | 1.52 Acres |
1415 Dudley Avenue, Muskegon, MI,49442 | $14,900 | -- | -- | -- | 0.32 Acre |
V/L E Apple Avenue , Muskegon, MI,49442 | $47,900 | -- | -- | -- | 0.59 Acre |
VL E Apple Avenue , Muskegon, MI,49442 | $94,900 | -- | -- | -- | 3 Acres |
V/L E Apple Avenue, Muskegon, MI,49442 | $47,900 | -- | -- | -- | 0.59 Acre |
VL E Apple Avenue #17 18, Muskegon, MI,49442 | $94,900 | -- | -- | -- | 3 Acres |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 05/16/2024 @ 09:23
MLS: 604289728
LISTED BY: Andrew J Straub , Five Star Real Estate (Grandv)
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.