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    1776 Mcilwrath St, Unit Wolf Lake, MI 49442

    For Sale
    $109,900

    Duplex in Muskegon with strong rental demand and separate utilities.

    Lot size:
    0.11 Acres

    Property Features for 1776 Mcilwrath St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1938

    Source: Five Star Real Estate (Grandv) Agent Ronald J Oostveen Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Muskegon Duplex Investment Opportunity

    This duplex presents an investment opportunity in Muskegon, a market experiencing median home price increases and strong demand for rental units. The property is suitable for experienced investors or owner-occupants seeking financial opportunities. The two-family home features a freshly painted interior and a power-washed exterior, along with newer siding, roof, and H2O heater. The lower unit has two bedrooms and one bathroom and is currently rented for $925.00. The upstairs unit includes one bedroom and one bathroom and is rented for $795. The property has separate utilities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Lake
    County
    Clare
    State
    Michigan
    Longitude
    -86.1256
    Latitude
    43.2444

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    FAQs

    What type of property is this?
    Duplex - Duplex in Muskegon with strong rental demand and separate utilities.
    Where is this duplex located?
    The property is located at 1776 Mcilwrath St, Unit Wolf Lake, MI.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - Strong rental income potential with existing tenants in place ($925 and $795 monthly rents).; - Investment opportunity in a market with increasing median home prices and high rental demand.; - Duplex offers potential for 'house hacking' and owner-occupancy.
    (616) 437-3783
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1776 Mcilwrath St, Unit Wolf Lake, MI 49442
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