1275 Kenneth St Muskegon, MI 49442
Angell NeighborhoodEstimated payment $3,921/month
Highlights
- 0.84 Acre Lot
- Hot Water Heating System
- 1-minute walk to McCrea Park
- 1 Fireplace
- High Speed Internet
About This Home
23 units plus full kitchen, dining area, conference room and full basement. There is a backup generator. All new windows, new LED lighting and emergency lighting, roof maintenance completed. Income is $10k a month. Currently 19 units are rented, 15 for $500 a month, 4 at $460 a month. Rents have not been raised in the last several years.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,631
Year Built
- Built in 1940
Lot Details
- 0.84 Acre Lot
- Lot Dimensions are 152x323x135x130x16x107
Home Design
- Brick Exterior Construction
- Stone Roof
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
Parking
- 23 Parking Spaces
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Connected
- High Speed Internet
- Phone Available
Community Details
Overview
- 23 Units
Building Details
- Insurance Expense $6,200
- Utility Expense $47,500
- Operating Expense $53,700
- Gross Income $120,000
- Net Operating Income $66,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,631 | $262,100 | $0 | $0 |
| 2024 | $1,439 | $233,400 | $0 | $0 |
| 2023 | $1,376 | $220,800 | $0 | $0 |
| 2022 | $6,996 | $144,200 | $0 | $0 |
| 2021 | $6,883 | $108,200 | $0 | $0 |
| 2020 | $6,242 | $99,400 | $0 | $0 |
| 2019 | $6,129 | $97,100 | $0 | $0 |
| 2018 | $5,779 | $91,500 | $0 | $0 |
| 2017 | $5,399 | $86,400 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $155,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2025 05/25/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | For Sale | $599,900 | +66.6% | -- |
| 04/27/2020 04/27/20 | Sold | $360,000 | -2.7% | $25 / Sq Ft |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 02/20/2020 02/20/20 | For Sale | $369,900 | -- | $25 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | None Available | |
| Warranty Deed | $100,000 | Star Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Lighthouse Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $106,000 | Future Advance Clause Open End Mortgage | |
| Closed | $0 | Future Advance Clause Open End Mortgage |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25021110
APN: 24-771-000-0001-00
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Information is deemed reliable but not guaranteed.
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