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381 Houston Avenue, Muskegon, Michigan

$159,900Contract Pending

381 Houston Avenue, Muskegon, Michigan 49441
- MLS® ID: 18000956

Property Details

381 Houston Avenue, Muskegon, Michigan 49441 - 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 located in midtown, close to Hackley Park and near downtown and the LC Walker arena and Frauenthal Theater.

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  • Zip49441
  • CountyMuskegon
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • School districtMuskegon
  • Year built1940
  • Lot size66x132
  • SewerPublic
  • HeatingForced Air
  • Parking4.0000
  • Tax amount$3,600.00
  • Tax year2017
  • MLS® ID18000956

Listing Courtesy of Medendorp Real Estate Group

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“I truly appreciated Brian's patience and efforts in the sale of our home. He took extra time where needed and made the whole experience as smooth as possible.”

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