Homes for sale - 4195 N Weber Road, Fruitland Twp, MI 49461

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Chris Lynn

chris@sellsmihomes.com +1(248) 914-7228

$499,000

Est. payment - /mo

6 Beds

0.31 Acres Lot

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UPDATED:

01/19/2025 07:34 PM

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

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Listed by Lisa M Stewart of Greenridge Realty (EGR)

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Chris Lynn

+1(248) 914-7228

Agent | License ID: 6501380823

Agent License ID: 6501380823

4195 N Weber Road Fruitland Twp, MI 49461

Chris Lynn

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4195 N Weber Road

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