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

2190 Dowd Street, Muskegon, MI 49441

$3,000,000
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

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.

More Information MLS# 24008193

Location Property Info

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

OfficeContract Info

Status: Sold Current Price: $3,000,000 List Price: $3,200,000 Listing Date: 2024-02-19

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: 1 Total # Bldgs: 8 Total Approx. SqFt All Bldgs: 23040 Total Parking Spaces: 48 Waterfront: No School District: Muskegon

Tax Info

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

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: $3,000,000 Sold Price/SqFt: 130.21

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 Bedrooms: 3 Bathrooms: 3 Full Baths: 2 Half Baths: 1

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 Serio
Last Updated: August - 01 - 2024
2190 Dowd Street, Muskegon, MI 49441- MLS# 24008193
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