$3,000,000
SOLD JUL 31, 2024

2190 Dowd St Muskegon, MI 49441

Campbell Field Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.11 Acres

Recently Sold

12% Below List Price

122 Days on Market

Highlights

  • New Construction
  • 8 Fireplaces
  • 48 Car Garage
  • 1.11 Acre Lot
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Turnkey investment opportunity! 16 new construction luxury townhomes under professional management. Each unit features 3 bedrooms, 2.5 baths. Amenities include tenant storage, in unit laundry, attached garage and patio. Common back yard with professional landscaping, vinyl fences and underground sprinkling. Each unit has its own water meter, forced air furnace, central air and water heater. Tenants pay all utilities. All buildings were constructed in 2022-2023 using quality products including solid wood cabinetry, stainless steel appliances, granite countertops, tile backsplashes, luxury vinyl plank flooring and quality carpet/pad for years of limited maintenance calls. Additional information available upon request. Do not disturb tenants. Buyer to verify all information. Listing agent ha s ownership interest in property.

Last Agent to Sell the Property

Thomas Serio

Real Estate West License #6502431119 Listed on: 02/19/2024

Last Buyer's Agent

Sandi Gentry

RE/MAX Lakeshore License #6506045021

RE/MAX Lakeshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,288

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 194x248

Parking

  • 48 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 8 Fireplaces

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, water, sewer, gas
  • The owner pays for trash collection

Community Details

Overview

  • 8 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $11,376
  • Maintenance Expense $9,600
  • Manager Expense $24,480
  • Utility Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,288

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: Yes
  • Year Built: 2023
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 8
  • Basement: Slab
  • Basement: No
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 3200000.0
  • Number of Buildings: 8
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 48.0
  • General Property Info:Total Parking Spaces: 48.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, In Unit, Laundry Closet, Upper Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 1.11
  • Lot Size Area: 1.11
  • Lot Dimensions: 194x248
  • Lot Size Sq Ft: 48309.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Insurance Expense: 11376.0
  • Maintenance Expense: 9600.0
  • Manager Expense: 24480.0
  • Number of Units Total: 16

Tax Info

  • Tax Annual Amount: 53288.0
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $3,000,000 -6.3% --
06/20/2024 06/20/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $3,200,000 -5.9% --
02/19/2024 02/19/24 For Sale $3,400,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $1,426 $123,400 $0 $0
2023 $517 $44,100 $0 $0
2022 $519 $8,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Serio

    Seller's Agent in 2024

    Thomas Serio

    Real Estate West

    (231) 286-0102

    15 in this area

    467 Total Sales

    Thomas Serio
    Section Image
  • Sandi Gentry

    Buyer's Agent in 2024

    Sandi Gentry

    RE/MAX Michigan

    (616) 935-1150

    2 in this area

    1,410 Total Sales

    Sandi Gentry
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24008193

Southwestern Michigan Association of REALTORS®

APN: 61-24-365-000-0001-25

Michigan Muskegon County Muskegon 49441 Campbell Field

2190 Dowd St, Muskegon, MI

This home is located at 2190 Dowd St, Muskegon, MI 49441 and is currently priced at $3,000,000. This property was built in 2023. 2190 Dowd St is a home located in Muskegon County with nearby schools including Dr. Martin Luther King Academy, Muskegon Heights Academy, and Muskegon Catholic Central School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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