2190 Dowd Street, Muskegon, MI 49441 (MLS# 24008193)

2190 Dowd Street, Muskegon, MI 49441

$3,000,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/24008193

Property Type: Multi Family Lot Size (sq. ft.): 48,309 Status: Sold

Current Price: $3,200,000 List Date: 2/19/2024 Last Modified: 8/01/2024

Overview

Description

Turnkey investment opportunity! 16 new construction luxury townhomes under professional management. Each unit features 3 bedrooms, 2.5 baths. Amenities include tenant storage, in unit laundry, attached garage and patio. Common back yard with professional landscaping, vinyl fences and underground sprinkling. Each unit has its own water meter, forced air furnace, central air and water heater. Tenants pay all utilities. All buildings were constructed in 2022-2023 using quality products including solid wood cabinetry, stainless steel appliances, granite countertops, tile backsplashes, luxury vinyl plank flooring and quality carpet/pad for years of limited maintenance calls. Additional information available upon request. Do not disturb tenants. Buyer to verify all information. Listing agent ha

Supplements: s ownership interest in property.

Listing Details MLS# 24008193

Location Property Info

County: Muskegon
Street #: 2190
Street Name: Dowd
Suffix: Street
State: MI
Zip Code: 49441
Zip (4): 3010

General Property Info

Lot Measurement: Acres
Lot Square Footage: 48309
Lot Acres: 1.11
Lot Dimensions: 194x248
Year Built: 2023
New Construction: Yes
Construction Status: Completed
Cert of Compliance: Yes
Road Frontage: 194
Total # Units: 16
# of Diff Unit Floor Plans: Yes
Total # Bldgs: 8
Total Approx. SqFt All Bldgs: 23040
Total Parking Spaces: 48
Waterfront: No
School District: Muskegon
Basement: No

Tax Info

Tax ID #: 24-365-000-0001-25
Taxable Value: 44100
SEV: 44100
For Tax Year: 2023
Seller's Annual Property Tax: 53288
Tax Year: 2023
Spec Assessment & Ty: none known
Homestead %: 0

Remarks Misc

Directions: i96 becomes seaway drive, West on Hackley to Dowd. Corner of Dowd and Hackley.

Status Change Info

Under Contract Date: 2024-06-20
Sold Date: 2024-07-31
Sold Price/SqFt: 130.21

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 11376
Annual Maintenance: 9600
Annual Mgmt. Fees: 24480
Annual Utilities: 1000

Unit 1

Unit Description: All Units
Identical Units: 16
SqFt: 1440
Monthly Rent: 1700
Bathrooms: 3
Full Baths: 2
Half Baths: Yes
A/C Unit: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garage: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Hackley & Young
Property Sub-Type: 5+ Units
Area: Muskegon County - M
Municipality: Muskegon City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 138.89

Remarks & Misc

Legal: CITY OF MUSKEGONSEC 35 T10N R17WTHE S 56.4 FT OF W 1/2 LOT 1 GLEN VIEW A RE-SUBDIVISION OF PART OF ORCHARD GROVE ADDITION

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

Common Area: Yes
Gas Dryer Hookup: Yes
In Unit: Yes
Laundry Closet: Yes
Upper Level: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Driveway

Shared Paved: Yes

Substructure

Slab: Yes

Extras

Garages: Yes
Sep Electric Meter: Yes
Sep Gas Meter: Yes
Sep Water Meter: Yes
Tenant Storage: Yes

Owner Pays

Trash Collection: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: Common Area; Gas Dryer Hookup; In Unit; Laundry Closet; Upper Level Exterior Material: Vinyl Siding Roofing: Composition Substructure: Slab Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: None Extras: Garages; Sep Electric Meter; Sep Gas Meter; Sep Water Meter; Tenant Storage Owner Pays: Trash Collection Tenant Pays: Electric; Gas; Sewer; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Shared Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer

Listing Office: Real Estate West

Listing Agent: Thomas A Serio

Last Updated: August - 01 - 2024

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.