870 Fork Street Active

Muskegon,MI 49442

$ 150000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Muskegon City

MLS Listing ID 24055363

Year Built 1900

Annual Tax Amount $762

Tax Year 2023

Lot Size 6,621 Sqft

Acres 0.15

Lot Dimensions 50x135x50x135

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 County - M

Direction Head north on US-31 N. Take the MI-46 exit toward Muskegon. Turn left onto MI-46 W/Apple Ave and continue west for about 2 miles. Turn left onto S Getty St and continue for about 0.5 miles. Turn right onto Fork St and continue for about 0.3 miles. Your destination will be on the left.

Rooms

Basement Slab

Interior

Heating Forced Air,Space Heater

Fireplaces Number 1

Exterior

Utilities Available Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Water Available,Sewer Available

View Y/N No

Total Parking Spaces 2

Building

Sewer Public Sewer

Structure Type Shingle Siding

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-205-204-0009-00

Acceptable Financing VA Loan,MSHDA,FHA,Cash,Conventional

Listing Terms VA Loan,MSHDA,FHA,Cash,Conventional

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