2190 Dowd Street, Muskegon, MI 49441

$3,000,000
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

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
Basement
No

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
Homestead %
0

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
A/C Unit
Yes
Central Air
Yes
Deck/Patio
Yes
Dishwasher
Yes
Garage
Yes
Range Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes
Washer/Dryer
Yes

Location & Property Info

Cross Streets
Hackley & Young
Property Sub-Type
5+ Units
Area
Muskegon County - M
Municipality
Muskegon City
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
138.89

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

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

None
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Laundry Features

Common Area
Yes
Gas Dryer Hookup
Yes
In Unit
Yes
Laundry Closet
Yes
Upper Level
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Driveway

Shared Paved
Yes

Substructure

Slab
Yes

Extras

Garages
Yes
Sep Electric Meter
Yes
Sep Gas Meter
Yes
Sep Water Meter
Yes
Tenant Storage
Yes

Owner Pays

Trash Collection
Yes

Possession

Subject To Tenant Rights
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
Listing Office: Real Estate West
Listing Agent: Thomas A Serio
IDX
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.