MI > Whitehall
Whitehall, MI 49461,4195 N Weber Road
Whitehall, MI 49461,4195 N Weber Road
Whitehall, MI 49461,4195 N Weber Road
Whitehall, MI 49461,4195 N Weber Road
Whitehall, MI 49461,4195 N Weber Road
Whitehall, MI 49461,4195 N Weber Road
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Kory Lambarth

Kory Lambarth

+1(313) 283-2781
$ 497,000
Est. payment | /mo

0.31 Acres Lot

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$ 497,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Fruitland Twp

MLS Listing ID 25002289

Year Built 1979

Annual Tax Amount $4,180

Tax Year 2024

Lot Size 0.307 Acres

Acres 0.31

Lot Dimensions 80 x 167

Property Sub-Type 5+ Units

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 all 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. 7th unit 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. 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 Grand Rapids - G

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.

Rooms

Basement Full, Michigan Basement

Interior

Heating Baseboard, Forced Air

Fireplaces Number 1

Laundry Common Area, In Basement, Laundry Room

Exterior

Parking Features Asphalt, Driveway, Paved

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 13

Building

Lot Description Level, Corner Lot

Sewer Septic Tank

Water Well

Structure Type Block,Vinyl Siding

New Construction No

Schools

School District Reeths-Puffer

Others

Tax ID 06-122-400-0006-00

Acceptable Financing Cash

Listing Terms Cash

Listed by Greenridge Realty (EGR)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 283-2781

kory@korvanrealty.com

130 W 5th St, Oak, MI, 48067

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4195 N Weber Road