4195 N Weber Road Active Save Request In-Person Tour Request Virtual Tour
Fruitland Twp,MI 49461
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025002289
Bedrooms 6
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1979
Annual Tax Amount $4,180
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 80 x 167
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. Extra bedroom 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.
Location
State MI
County Muskegon
Area Fruitland Twp
Zoning Other
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.
Interior
Interior Features Other,Laundry Facility
Heating Baseboard,Forced Air
Fireplace no
Heat Source Electric,Natural Gas
Laundry 1
Exterior
Garage Spaces 13.0
Roof Type Composition
Road Frontage Paved
Garage no
Building
Foundation Michigan Basement
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Block/Concrete/Masonry,Vinyl
Schools
School District Reeths Puffer
Others
Pets Allowed Yes
Tax ID 06122400000600
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other