2128 5th Street
Muskegon, MI 49444
960 sqft | 2 beds | 1 bath | 0.12 acres | #25002941
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
Property Details
- Property SubtypeSingle Family Residence
- Sewer InformationPublic Sewer
- School DistrictMuskegon Hts
- Property TypePurchase
- CountyMuskegon
- MLS #25002941
- MLS #25002941
- Original List Price$69,900
- Utility SourcePublic
- StyleRanch
- Cost62500
- Acres0.12
- BasementFull
- Square Feet960
- Days on Market (Cumulative)46
- Bedrooms2
- Bathrooms1
- Full Baths1
- Stories1
Location
Legal
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Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Tyler Johnson (#gjohn1732)
Listing Office: Clear Realty Group (#g301600)
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