2128 5th Street Active

Muskegon,MI 49444

$ 62500

2 Beds

1 Bath

960 SqFt


Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $65

MLS Listing ID 65025002941

Style Ranch

Bedrooms 2

Full Baths 1

HOA Y/N no

Originating Board Greater Regional Alliance of REALTORS®

Annual Tax Amount $830

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 125x40

Property Sub-Type Ranch

Property Description

Perfect cash-flowing investment property at an 11% Cap rate with long-term tenant!! Rent is $915 /mo. and the tenant has always paid early for over 5 years! This is also a great starter home for a buyer on a budget! Newer furnace and water heater. Professionally managed. The tenant has been asked to leave since the house is for sale and is looking for new housing, but she would love to stay if the new buyer is an investor. She would not require an eviction if the buyer wants her to be gone by closing. Add this no-brainer investment property to your portfolio today! See P&L pro forma in attached docs

Location

State MI

County Muskegon

Area Muskegon Heights

Direction W from PeckN on 5thHouse on right

Rooms

Kitchen Oven,Refrigerator

Interior

Interior Features Laundry Facility

Heating Forced Air

Fireplace no

Appliance Oven,Refrigerator

Heat Source Natural Gas

Laundry 1

Exterior

Roof Type Shingle

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Ranch

Level or Stories 1 Story

Structure Type Wood

Schools

School District Muskegon Heights

Others

Tax ID 26185051001700

Acceptable Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA,Other

Listing Terms Cash,Conventional,FHA,USDA Loan (Rural Dev),VA,Other

Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA,Other

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