14
See all 14 photos
$62,500
Est. payment /mo
2 Beds
1 Bath
960 SqFt
Pending
2128 5th Street Muskegon, MI 49444-1011
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $65
MLS Listing ID 70449600
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 960
Annual Tax Amount $830
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 125x40
Property Sub-Type Single Family
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 (61024)
Zoning Residential
Interior
Heating Forced Air
Appliance Range/Oven, Refrigerator
Exterior
Garage No
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Other
Others
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA,Rural Development,MIStateHsDevAuthority
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Clear Realty Group