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Listing 1 out of 5
$159,900 Pending

381 Houston Avenue
Muskegon, MI 49441

6 units | Multi Family Home
8712 sq ft - MLS# 18000956
Property Photo
1/50

Description

Great Income Property Currently being utilized as a 16 bed Adult Foster Care Home. Tenant has a triple net lease in place through 2021 at $2, 600 per month ($2, 200 rent / $400 property taxes). Home is equipped with fire alarms and sprinkler systems. Renter pays everything including taxes, insurance, maintenance and repairs.The home features seven bedrooms 2 full and 3 partial baths. There is also a 3 bedroom one bath staff apartment. Instant cash flow. This is a rare opportunity. Home is locatedin midtown, close to Hackley Park and near downtown and the LC Walker arena and Frauenthal Theater.

Features

  • # of Parking Spaces: 4.0000
  • Accessibility: Yes 36 Inch Entrance Doo, 36' or + Hallway, No Step Entrance
  • Auction or For Sale: For Sale
  • Basement: Yes, See Substructure
  • County/Area: Muskegon County
  • Exterior Material: Concrete
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Listing Status: Pending
  • Lot Size: 0.2000
  • Lot Square Footage: 8712.00
  • Municipality: Muskegon City
  • Parking Spaces: 4.0000
  • Property Type: Multi Family Home
  • Road Frontage: 66.00
  • School District: Muskegon
  • Sewer: Public
  • Sub Type: 2 to 4 Units
  • Sub-Area: M71 - City Of Muskegon E Of Seaway Drive
  • Substructure: Full Basement
  • Tax Year: 2017
  • Tenant Pays: Electric, Sewer, Trash, Water
  • Terms Available: Cash/Conventional
  • Total # Bldgs: 1.00
  • Unit 1: Bathrooms: 1
  • Unit 1: Bedrooms: 2
  • Unit 1: Identical Units: 4
  • Unit 1: Unit Description: 1
  • Units: 6
  • Util Avail at Street: Broadband, Cable, Electric, Natural Gas, Public Sewer, Public Water, Storm Sewer, Telephone Line
  • Utilities Attached: Cable, Electric, Natural Gas, Telephone Line
  • Water: Public
  • Year Built: 1940
  • Zip Code: 49441

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

agent photo
Beach Town and The Medendorp Real Estate Group
318 Houston Avenue 3rd floor
Muskegon, MI 49441
Main Office: 231-777-7355
Fax: 231-332-5912

David Direct: 231-206-3367
Andy Direct: 616-403-4712

Email: INFO@sellmuskegon.com
david@SELLMUSKEGON.COM
AndyB@sellmuskegon.com

David Medendorp Ccim - GRI on Zillow        
See my Muskegon homes for sale

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