2190 Dowd Street, Muskegon, MI 49441

$3,000,000
Property Type: Multi Family Lot Size (sq. ft.): 48,309 Status: Sold
Current Price: $3,000,000 List Date: 2/19/2024 Last Modified: 8/01/2024

Overview

Description

Turnkey investment opportunity! 16 new construction luxury townhomes under professional management. Each unit features 3 bedrooms, 2.5 baths. Amenities include tenant storage, in unit laundry, attached garage and patio. Common back yard with professional landscaping, vinyl fences and underground sprinkling. Each unit has its own water meter, forced air furnace, central air and water heater. Tenants pay all utilities. All buildings were constructed in 2022-2023 using quality products including solid wood cabinetry, stainless steel appliances, granite countertops, tile backsplashes, luxury vinyl plank flooring and quality carpet/pad for years of limited maintenance calls. Additional information available upon request. Do not disturb tenants. Buyer to verify all information. Listing agent ha

Supplements: s ownership interest in property.

Listing Details MLS# 24008193

Location Property Info

County
Muskegon
Street #
2190
Street Name
Dowd
Suffix
Street
State
MI
Zip Code
49441
Zip (4)
3010

General Property Info

Lot Measurement
Acres
Lot Square Footage
48309
Lot Acres
1.11
Lot Dimensions
194x248
Year Built
2023
New Construction
Yes
Construction Status
Completed
Cert of Compliance
Yes
Road Frontage
194
Total # Units
16
# of Diff Unit Floor Plans
Yes
Total # Bldgs
8
Total Approx. SqFt All Bldgs
23040
Total Parking Spaces
48
Waterfront
No
School District
Muskegon

Tax Info

Tax ID #
24-365-000-0001-25
Taxable Value
44100
SEV
44100
For Tax Year
2023
Seller's Annual Property Tax
53288
Tax Year
2023
Spec Assessment & Ty
none known

Remarks Misc

Directions
i96 becomes seaway drive, West on Hackley to Dowd. Corner of Dowd and Hackley.

Status Change Info

Under Contract Date
2024-06-20
Sold Date
2024-07-31
Sold Price/SqFt
130.21

More Information

Access Feat

Accessibility Features
No

Income and Expenses

Annual Insurance
11376
Annual Maintenance
9600
Annual Mgmt. Fees
24480
Annual Utilities
1000

Unit 1

Unit Description
All Units
Identical Units
16
SqFt
1440
Monthly Rent
1700
Bathrooms
3
Full Baths
2
Half Baths
Yes

Property Features

Laundry Features: Common Area; Gas Dryer Hookup; In Unit; Laundry Closet; Upper Level Exterior Material: Vinyl Siding Roofing: Composition Substructure: Slab Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: None Extras: Garages; Sep Electric Meter; Sep Gas Meter; Sep Water Meter; Tenant Storage Owner Pays: Trash Collection Tenant Pays: Electric; Gas; Sewer; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Shared Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
IDX
Listing Office: Real Estate West
Listing Agent: Thomas A Serio
Source MLS Verified
Last Updated: August - 01 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.