About 4195 N Weber Road
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.
Features of 4195 N Weber Road
| MLS® # | 65025002289 |
|---|---|
| Price | $450,000 |
| Bathrooms | 0.00 |
| Acres | 0.31 |
| Year Built | 1979 |
| Type | Multifamily |
| Status | Pending |
Community Information
| Address | 4195 N Weber Road |
|---|---|
| Area | 61061 - Fruitland Twp |
| City | Fruitland township |
| County | Muskegon |
| State | Michigan |
| Zip Code | 49461 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | Asphalt, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Natural Gas, Baseboard |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Corner Lot, Level |
|---|---|
| Construction | Block, Vinyl Siding |
| Foundation | Michigan Basement |
School Information
| District | Reeths Puffer |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Greenridge Realty (EGR) |
|---|---|
| Contact Info | lstewart@greenridge.com |