2128 5th Street, Muskegon, MI 49444 (MLS # 25002941)
Perfect cash-flowing investment property at a 10.5% 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
DAYS ON MARKET
|
6
|
LAST UPDATED
|
1/24/2025
|
YEAR BUILT
|
0
|
COMMUNITY
|
Muskegon County - M
|
COUNTY
|
Muskegon
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
APPLIANCES |
Oven, Refrigerator |
AREA |
Muskegon County - M |
BASEMENT |
Full, Yes |
CONSTRUCTION |
Wood Siding |
HEAT |
Forced Air, Natural Gas |
LOT |
5227 sq ft |
LOT DIMENSIONS |
125x40 |
SEWER |
Public Sewer |
STORIES |
1 |
STYLE |
Ranch |
TAXES |
830 |
WATER |
Public |
ZONING |
Res |
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Listing provided by Clear Realty Group, Tyler Johnson
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 1/30/25 9:33 AM PST
Information Deemed Reliable But Not Guaranteed.
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