2516 5th Street $169,900

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    2516 5th Street Muskegon Heights, MI 49444

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 70390868
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    Views: 66 Days On Site: 275

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    Property Details

    Unlock incredible potential with this 4-Unit Multi-Family home! Presently, three of the four units are occupied, promising immediate returns on investment. The property has a nice full-sized basement offering abundant storage and convenient washer and dryer facilities. Positioned on a spacious double-wide lot, a garage is situated on the left side for added connivence. Enjoy its location within walking distance of parks and biking distance of Sherman and Henry, making it an enticing opportunity for investors.

    • General Features
      • Acreage 0.29
      • Area Municipality Muskegon Heights (61024)
      • County Muskegon
      • Originating MLS Greater Regional Alliance of REALTORS
      • Waterfront Y/N No
      • Year Built 1930
    • Building Features
      • Exterior Construction Wood
      • FUEL TYPE Natural Gas
      • Garage Type Additional Garage(s)
      • Foundation Type Basement
      • Interior Features Cable/Internet Avail.
      • Heating System Forced Air
    • Property Features
      • Sewer Septic Public Sanitary
      • Roads City/County
      • Lot Size 100 x 125
      • Water Public Water
    • Schools
      • School District Other

    Neighborhood

    49444 (Muskegon Heights) Demographics

    37 Median Age
    1,234 Population Density (per sq. mile)
    25% College Educated
    $42,670 Estimated Median Income
    7,190 Estimated Total Home Owners
    2,967 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    30,003 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $216,250 Median Sales Price
    52 Homes Sold
    66 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $169,900
        8/5/2024 6:29:11 PM Status Changed Source: Multiple Listing Service New Value: Pending
        7/2/2024 1:51:41 PM Price Reduced Source: Multiple Listing Service New Value: $169,900 -5.08%
        6/17/2024 11:51:15 AM Price Reduced Source: Multiple Listing Service New Value: $179,000 -4.53%
        2/20/2024 3:23:00 PM New in Database Source: Multiple Listing Service New Value: $187,500

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.