2128 5th Street new Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49444
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $70
MLS Listing ID 65025002941
Style Ranch
Bedrooms 1
Full Baths 1
Annual Tax Amount $830
Lot Size 5,227 Sqft
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
Rooms
Kitchen Oven,Refrigerator
Interior
Heating Forced Air
Laundry 1
Exterior
Roof Type Shingle
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Muskegon Heights
Others
Acceptable Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA,Other
Listing Terms Cash,Conventional,FHA,USDA Loan (Rural Dev),VA,Other