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Muskegon,MI 49442-3206
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70437810
Year Built 1900
Annual Tax Amount $762
Tax Year 2023
Lot Size 6,534 Sqft
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
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water
Schools
School District Muskegon Public Schools