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Muskegon Investment 23 units 325,000 great price

<!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Picture.htm --> <!-- --> <!-- MERGE PICTURE --> #imgMapDiv img{cursor:default} <!-- reformats listing detail if user preference is set to not show pictures on listing detail --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\BasicInfo.htm --> <!-- --> <!-- MERGE BASIC INFO ---> <!-- <TR> <TD colspan="4"> <TABLE width="100%" class="ResultsTable" cellpadding="0" cellspacing="0" border="0" > <TR class="bgDarkBlueBarsBlackTextB" > <TD width="15%"> Listing Price </TD> <TD width="35%"> Address</TD> <TD width="25%" align="right"> Listing # </TD> </TR> <TR class="bgLightBlueBar" > <TD class="mNavyTextB" > $325,900 </TD> <TD class="mNavyTextB" > Muskegon 49440-1398</TD> <TD class="mNavyTextB" align="right"> 2840694</TD> </TR> </TABLE> </TD> </TR> <TR class="mBlackTextB"> <TD> </TD> </TR> --> <!-- MERGE BASIC INFO ---> <!-- --> <!-- See below for another MGIF MERGE_BASIC_INFO_TABLE tag to close the table tag--> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\MarketInfo.htm --> <!-- --> <!-- MERGE MARKET INFO --> <!-- MERGE MARKET INFO --> <!-- MERGE MARKET INFO --> <!-- MERGE MARKET INFO --> <!-- MERGE MARKET INFO --> <!-- MERGE MARKET INFO --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Structure.htm --> <!-- --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Amenities.htm --> <!-- --> <!-- MERGE AMENITIES REPEAT SECTION --> <!--Provides spacing between amenities modules--> <!--Provides spacing between amenities modules--> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Structure.htm --> <!-- --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- MERGE STRUCTURE_TABLE ---> <!-- 05/25/2007 Victoria ITG #369711 - start MGIF_SHOW_GARAGE_SPACES tag before TD tag to avoid two follwing cells being printed in the middle of the list when show_garage_space=No --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Showing.htm --> <!-- --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Contingent.htm --> <!-- --> <!-- MERGE CONTINGENT INFO ---> <!-- MERGE CONTINGENT INFO ---> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Showing.htm --> <!-- --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Unit.htm --> <!-- --> <!-- MERGE UNIT INFO --> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Amenities.htm --> <!-- --> <!-- MERGE AMENITIES HEADER SECTION --> <!--Provides spacing between amenities modules--> <!--Provides spacing between amenities modules--> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Amenities.htm --> <!-- --> <!-- MERGE AMENITIES HEADER SECTION --> <!--Provides spacing between amenities modules--> <!--Provides spacing between amenities modules--> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\BasicInfo.htm --> <!-- --> <!-- MERGE BASIC INFO ---> <!-- --> <!-- See below for another MGIF MERGE_BASIC_INFO_TABLE tag to close the table tag--> <!-- --> <!-- MLS Property Detail SECTION(3) --> <!-- \Detail\Footer.htm --> <!-- -->
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Listing #2840694
$325,900 (LP)

Price/SqFt: 17.71

Muskegon, MI 49440 Active
Beds: Baths: (FH) Sq Ft: 18399Lot Sz: 0.580ac
Area: M-71 Yr: 1927

Remarks
<!-- ITG 286582 Mini Enhancement RV 12/20/06 --> <!-- Moved Schedule a showing to the top of Marketing Remarks--> Hamilton Apartments is a 23 units. Brick 3 story building. When built this was the finest apartment building in Muskegon. The building is 18228 Square feet. Apartments, (except studios), come with dishwashers and hardwood floors. Building includes a manager/owner unit that's 2000 Sq Ft with 2 bedroom, 2 baths and loaded with amenities. There are 8 large studios renting at $420, 11 1-bedrooms renting at $450, 3 2-bedrooms renting at $550 and 1 2-bedroom renting for $695. The property is located in downtown Muskegon 4 blocks from the City Centre site,6 blocks from Muskegon Lake and 5 blocks from the new Baker College, $1 million dollar art school. It is 6 blocks from the Hackley Hospital Campus. Montly gross income is $10,660. Laundry income is $125 per month. The potentia, gross income is $125,000. Property had a $50,000 electrical wiring service upgrade in 2008. New $7000 hot water heater installed. Boiler rebuilt November, 2008. Buyer to verify all information.
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Additional Pictures
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Pictures (13)
Agent David Medendorp Office:231-798-6430 Cellular:231-206-3367 Home:231-767-8958
Office ALT Property Management LLC Phone: 231-798-6430, FAX: 231-332-5912
Area M - 71
Municipality Muskegon City
Approx Square Feet 18399 Price / SqFt 17.71
Lot Sq Ft (approx) 25265 Lot Acres (approx) 0.580
County Muskegon
Est. Year Built 1927
New Construction No
School District Muskegon
Units
Studio Unit #: 1
Occupied: No
Bedrooms: 1		 Identical Units: 8
Square Feet: 600
Bathrooms: 1.00		 Rent: 420.00
Two Bedroom/1 Bath Unit #: 2
Occupied: No
Bedrooms: 2		 Identical Units: 3
Square Feet: 800
Bathrooms: 1.00		 Rent: 550.00
Two Bedroom/2 Bath Unit #: 3
Occupied: No
Bedrooms: 2		 Identical Units: 1
Square Feet: 2000
Bathrooms: 2.00		 Rent: 695.00
One Bedroom Unit #: 4
Occupied: No
Bedrooms: 1		 Identical Units: 11
Square Feet: 670
Bathrooms: 1.00		 Rent: 465.00
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General Information
Lot Dimensions 160X188
Road Frontage 348
Waterfront No
Access. Featrs Y/N No
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Features
Exterior Material Brick
Extras Laundry Facility, Sep Electric Meter, Sep Gas Meter
Total Units #23
Total Buildings #1
Total Parking Spaces #24

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Posted Friday Jan 09

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