Price Reduction
Address
3252 S Mill Iron Road, Muskegon, MI
Price
$ 1,150,000
Property Attributes
  • ID#24019229
  • TypePending
  • CountyMUSKEGON
  • CityMuskegon
  • AreaFruitport Twp
  • NeighborhoodFruitport Twp
  • Zip49444
  • Style5+ Units
  • Year Built1994
  • Taxes$ 15588
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.46 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Turnkey investment opportunity. 8 units in Fruitport Schools. All units are identical 3 bed 1 bath floorplans with in-unit laundry. 7 Units are completely renovated with new solid wood cabinetry, vinyl plank flooring throughout, quartz countertops and other quality finishes. All 4 buildings have newer roofs, windows, exterior doors, siding, decks, patios. Several units have new furnaces, and all units have new air conditioning units since 2019. Professionally landscaped and Irrigation added fall 2022. All units have storage sheds. Please, Do not disturb tenants. Additional information available upon request. Buyer to verify all information. Seller is a licensed realtor in the State of MI.

Price History
4/22/2024 Listed $1,250,000
5/28/2024 5% - $1,195,000
6/11/2024 4% - $1,150,000

General Features

Sewer Septic System
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Vinyl Siding
Year Built 1994
Tenant Pays Electric,Water,Gas
Township Fruitport Twp
Property SubType 5+ Units
Tax Year 2023
Gross Income 128400.0
OwnerPays Trash Collection
County Muskegon
Insurance Expense 3696.0
New Construction No
Property Type Multi-Family
Attached Garage No
Status Pending
Directions Black Creek To Mill Iron,near corner.
ModificationTimestamp 2024-06-19T23:33:17Z
City Muskegon
Buyer Agent Compensation 3.00
High School District Fruitport
NumberOfUnitsTotal 8
MLS Area Muskegon County - M
Lot Size Units Acres
Lot Size Square Feet 20038.0
Waterfront Y/N No
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 15588.0
Lease Renewal Y/N No
MLS Area Minor Muskegon County - M
Additional Parcels Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/24019229
Days on Market 58
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 77316
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Legal Description FRUITPORT CHARTER TOWNSHIP SEC 1 T9N R16W N 125 FT OF S 881 FT OF W 160 FT OF SW 1/4 OF SE 1/4 W 33 FT TH'OF FOR RD .46 AC
Senior Community None

Interior Features

Basement Crawl Space
Total Fireplaces 4
Basement (Y/N) No
Air Conditioning Y/N Yes
Electric On Property Y/N No

Exterior Features

Parking Features Concrete,Driveway,Gravel
Total Parking 16.0
Lot Size Area 0.46
Number of Buildings 4
Spa No
Lot Dimensions 500x160
Lot Size Acres 0.46
Road Surface Type Paved
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 49444

Price
AVG $220K
$1.15M
Taxes
AVG $2,238
$15,588
Visits
AVG 338
322
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1994

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