870 Fork Street Active Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49442
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24055363
Year Built 1900
Annual Tax Amount $762
Tax Year 2023
Lot Size 6,621 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 County - M
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
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Structure Type Shingle Siding
New Construction No
Schools
School District Muskegon
Others
Acceptable Financing VA Loan,MSHDA,FHA,Cash,Conventional
Listing Terms VA Loan,MSHDA,FHA,Cash,Conventional