4195 N Weber Road Active Save Request In-Person Tour Request Virtual Tour
Whitehall,MI 49461
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Fruitland Twp
MLS Listing ID 25002289
Year Built 1979
Annual Tax Amount $4,180
Tax Year 2024
Lot Size 0.307 Acres
Acres 0.31
Lot Dimensions 80 x 167
Property Sub-Type 5+ Units
Property Description
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in those units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income. This property is only 3.9 miles from Duck Lake state park and commuting distance from large manufacturing plants Howmet Aerospace and Hilite. Reeths Puffer school district. This property is only 3.9 miles from Duck Lake state park and commuting distance from large manufacturing plants Howmet Aerospace and Hilite. Reeths Puffer school district.
Location
State MI
County Muskegon
Area Grand Rapids - G
Direction Take Whitehall Rd to Duck Lake Rd and proceed to N Weber Rd. Property is on the NW corner of the intersection of Duck Lake and Weber.
Rooms
Basement Full,Michigan Basement
Interior
Heating Baseboard,Forced Air
Fireplaces Number 1
Laundry Common Area,In Basement,Laundry Room
Exterior
Parking Features Asphalt,Driveway,Paved
Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 13
Building
Lot Description Level,Corner Lot
Sewer Septic Tank
Water Well
Structure Type Block,Vinyl Siding
New Construction No
Schools
School District Reeths-Puffer
Others
Tax ID 06-122-400-0006-00
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional