$251,000
Muskegon, MI 49441
MLS# 23134714
Status: Sold

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Property Description
Discover an exceptional investment opportunity at 1427 Lakeshore Drive. This triplex property is strategically situated on a prime corner lot, mere steps away from the vibrant shopping scene of Lakeside and the bustling downtown Muskegon. Each of the three units is equipped with a refrigerator and oven. Units B and C feature month-to-month tenants, and the seller pays all utility expenses. Unit A, a studio apartment, is currently unoccupied. Meanwhile, Unit B, a one-bedroom unit, is currently leased at $600 per month, and Unit C, a two-bedroom unit, is leased at $650 per month. Don't miss out on this fantastic investment opportunity!
Details
Maps
Documents
Location Property Info
County: Muskegon
Street #: 1427
Street Name: Lakeshore
Suffix: Drive
State: MI
Zip Code: 49441
OfficeContract Info
Status: Sold
Current Price: $251,000
List Price: $250,000
Listing Date: 2023-09-19
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6795
Lot Acres: 0.16
Lot Dimensions: 50 x 130 x 136 x 49
Year Built: 1912
New Construction: No
Road Frontage: 50
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 3
Waterfront: No
School District: Muskegon
Tax Info
Tax ID #: 24-205-497-0010-00
Taxable Value: 47853
SEV: 74900
For Tax Year: 2023
Seller's Annual Property Tax: 2852
Tax Year: 2022
Spec Assessment & Ty: None Known
Zoning: R-1
Remarks Misc
Directions: Laketon or Shoreline Drive to Lakeshore Drive to Corner of Vernon Place
Status Change Info
Under Contract Date: 2023-09-23
Sold Date: 2023-10-13
Sold Price: $251,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: A - Studio
Occupied: No
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: B
Occupied: Yes
Monthly Rent: 650
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: C
Occupied: Yes
Monthly Rent: 675
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Lot Description: Corner Lot; Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Shared Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Listing Office: Core Realty Partners LLC
Listing Agent: Kirk Antekeier
Last Updated: February - 25 - 2026
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Sellers Disclosure