Muskegon, MI 49442-3206,870 Fork Street
Muskegon, MI 49442-3206,870 Fork Street
Muskegon, MI 49442-3206,870 Fork Street
Muskegon, MI 49442-3206,870 Fork Street
Muskegon, MI 49442-3206,870 Fork Street
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$ 150,000
Est. payment | /mo

6,534 Sqft Lot


$ 150,000
Est. payment | /mo

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 24055363

Year Built 1900

Annual Tax Amount $762

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x135x50x135

Property Sub-Type Multi-Family

Property Description

Desirable City of Muskegon rental property, fully certified and currently generating over $2,100/month in rental income. With long-term, Section 8 tenants providing guaranteed, government-backed income, this investment offers reliable cash flow. Recent updates include a new roof and freshly painted exterior, minimizing maintenance concerns. Priced at $149,900, it's an ideal opportunity for first-time investors or those looking to expand their portfolio. This property would be perfect for a DSCR loan product, that is based solely off rental income and requires only 20% down.

Location

State MI

County Muskegon

Area Muskegon (61023)

Interior

Heating Forced Air, Space Heater

Building

Foundation Slab

Water Public Water

Schools

School District Muskegon Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/24055363

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Five Star Real Estate-W Norton
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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870 Fork Street