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2734 Griffin St

Muskegon, MI 49444
Active | MLS #21007831 | 308 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
acres
Acreage
4.83
type
5+ Units
$549,900
$2,600/mo est*
Thomas Serio
Interested in this property?
Thomas Serio Realtor®

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
county
County
Muskegon
Municipality
Municipality
Fruitport Twp
school
School District
Fruitport
calendar
Year Built
1940

Details

This beautiful wood lot in Fruitport Schools provides the perfect multi-family investment opportunity with ease of maintenance. 1 parcel, 10 units. 8 are currently occupied and leased. 6 of the units have been completely updated. The current total gross revenue is $53916. Situated on 4.83 acres there is also further development opportunity.
Agent: Joshua M McCrackenPhone: 616-897-9239

Interior

    Exterior

      *Estimated monthly payments are based on 3.92% interest rate and 30 year loan term. Please contact your mortgage lender for a monthly payment estimate accurate to you.

      Local Market Info

      Balanced
      Buyer's
      Seller's
      Muskegon is currenty a
      Buyer's Market

      In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

      Area Demographics

      Demographic Icon
      Total Population
      37969
      Demographic Icon
      Population Density
      2,672
      /sq mi.
      Demographic Icon
      Median YEARLY income
      $18,992
      Demographic Icon
      MEDIAN AGE
      36
      Demographic Icon
      COLLEGE EDUCATED
      23%
      Demographic Icon
      Owner/renter divide
      54% / 46%

      Listing Stats

      +22.6%
      Since last Year
      Average List Price
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 50,000 50,000 100,000 100,000 150,000 150,000
      +947.7%
      Since last Year
      Number of New Homes on Market
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 200 200 400 400 600 600 800 800 1,000 1,000 1,200 1,200
      +11.8%
      Since last Year
      Average Sale Price
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 20,000 20,000 40,000 40,000 60,000 60,000 80,000 80,000 100,000 100,000 120,000 120,000 140,000 140,000 160,000 160,000 180,000 180,000
      +934.9%
      Since last Year
      Number of Sold Homes
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 200 200 400 400 600 600 800 800 1,000 1,000
      875 Oak Ridge Rd
      Muskegon, MI 49441

      Location Hours

      M-F
      8AM - 5PM walk ins
      (Evenings By Appointment)

      S-S
      By Appointment Only

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