$1,700,000

1421 Creek Drive

Muskegon MI, 49441

Description

This property consists of 26 units , 25 of which are 2 bed / 1.5 bath and 1 unit with 2 bed / 1 bath. Glenside Estates II was originally developed as acondominium project, therefore each unit has a basement and covered parking. All units feature central air, appliances, porches / decks, finishedbasements and a beautiful country-like setting along Ruddiman Creek. There are a total of 32 units in this complex, with 6 units being separately owned and not included in this offering. Rents are well under market, providing investors with a significant value add opportunity. Since each unit is a separate parcel, this project could easily be sold off as separate condominium units, unlocking more value for a potential buyer.Glenside Estates II is very well located, proximity to

Details

MLS#19026377
Sub-TypeResale
StatusActive
Year1975
Days On Site164

Features

SQ Feet42,166
Units26
Building(s)8
Water FrontYes
Property ViewYes

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Area Information

StateMI
CountyMuskegon
CityMuskegon
Zip Code49441
AreaMuskegon County - M
Listing VS Median (in 49441)
Price:
$1,700,000
low | high
Med:
$116,700
100% of Average
SqFt:
42,166
low | high
Med:
1,565
100% of Average
$ / SqFt:
$40
low | high
Med:
$78
42.515790555081% of Average
On Site:
164
low | high
Med:
75
100% of Average
Listing Updated: 11/21/2019
MLS Number: 19026377
Listing Provided By:
Bailey Witt  of  NAI Wisinski of West Michigan
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.