Property Type:
Multi Family
Lot Size (sq. ft.):
48,309
Status:
Sold
Current Price:
$3,200,000
List Date:
2/19/2024
Last Modified:
8/01/2024
2190 Dowd Street, Muskegon, MI 49441
$3,000,000
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.
More Information MLS# 24008193
Location & Property Info
Cross Streets: Hackley & Young
Property Sub-Type: 5+ Units
Municipality: Muskegon City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 138.89
General Property Info
New Construction: Yes
Construction Status: Completed
Lot Dimensions: 194x248
Road Frontage: 194
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 16
# of Diff Unit Floor Plans: 1
Total # Bldgs: 8
Total Approx. SqFt All Bldgs: 23040
Total Parking Spaces: 48
School District: Muskegon
Lot Measurement: Acres
Lot Square Footage: 48309
Lot Acres: 1.11
Year Built: 2023
Tax Info
Taxable Value: 44100
SEV: 44100
For Tax Year: 2023
Seller's Annual Property Tax: 53288
Tax Year: 2023
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 24-365-000-0001-25
Remarks & Misc
Legal: CITY OF MUSKEGONSEC 35 T10N R17WTHE S 56.4 FT OF W 1/2 LOT 1 GLEN VIEW A RE-SUBDIVISION OF PART OF ORCHARD GROVE ADDITION
Status Change Info
Sold Price/SqFt: 130.21
Under Contract Date: 2024-06-20
Sold Date: 2024-07-31
Sold Price: $3,000,000
Income and Expenses
Annual Insurance: 11376
Annual Maintenance: 9600
Annual Mgmt. Fees: 24480
Annual Utilities: 1000
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
Gas Dryer Hookup: 1
In Unit: 1
Laundry Closet: 1
Upper Level: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Driveway
Shared Paved: 1
Substructure
Slab: 1
Extras
Garages: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Sep Water Meter: 1
Tenant Storage: 1
Owner Pays
Trash Collection: 1
Unit 1
Unit Description: All Units
Identical Units: 16
SqFt: 1440
Monthly Rent: 1700
Bedrooms: 3
Bathrooms: 3
Full Baths: 2
Half Baths: 1
A/C Unit: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Muskegon
Street #: 2190
Street Name: Dowd
Suffix: Street
State: MI
Zip Code: 49441
Zip (4): 3010
Area: Muskegon County - M
OfficeContract Info
Status: Sold
Current Price: $3,000,000
List Price: $3,200,000
Listing Date: 2024-02-19
Remarks Misc
Directions: i96 becomes seaway drive, West on Hackley to Dowd. Corner of Dowd and Hackley.
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
Listing Office:
Real Estate West
Listing Agent:
Thomas A Serio
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.
