870 Fork Street Active

Muskegon,MI 49442

$ 150000

2 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 71024055363

Bedrooms 2

Originating Board West Michigan Lakeshore Association of REALTORS®

Year Built 1900

Annual Tax Amount $762

Lot Size 6,534 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

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.

Interior

Heating Forced Air,Space Heater

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Garage no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal),Water at Street

Structure Type Shingle Siding

Schools

School District Muskegon

Others

Pets Allowed Yes

Tax ID 24205204000900

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

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