111 E Grand Avenue, Muskegon, MI 49442
Local realty services provided by:ERA Reardon Realty Great Lakes
Listed by: thomas a serio
Office: real estate west
MLS#:26046086
Source:MI_MICHRIC
Price summary
- Price:$229,900
About this home
Well maintained 3 unit property offering a turn-key income producing opportunity for the new owner. All 3 units are occupied with a total monthly income of $2700, Annual income of $32,400. This property offers a main floor 3 bedroom unit with access to the basement for laundry and storage renting for $1200/mo. 2 upper level units with 1 bedroom each renting for $750/mo each. New roof 3 years ago, fresh exterior paint 4 years ago, new boiler 5 years ago. Various cosmetic upgrades throughout all units. Owner pays gas, water, and trash. Tenants pay electric. Great opportunity to earn passive income for a seasoned or new investor! Photos used in listing were taken after each unit refresh. All units are occupied with tenants in leases. To limit tenant disruptions, seller requests showings with 48 hour notice, to qualified buyers only. Buyer to verify all information.
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Home facts
- Year built:1940
- Listing ID #:26046086
- Added:57 day(s) ago
- Updated:October 27, 2026 at 06:02 PM
Rooms and interior
- Total bathrooms:3
- Basement:Yes
Heating and cooling
- Heating:Hot Water, Radiant
Structure and exterior
- Year built:1940
- Lot area:0.25 Acres
- Construction Materials:Wood Siding
Finances and disclosures
- Price:$229,900
- Tax amount:$2,905 (2025)
Parking
- Total parking spaces:4
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