66 E Isabella Avenue, Muskegon, MI 49442

$210,000

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List Price
$210,000
Price Change
▼ $15,000 1785686413
Days on Market
227
MLS#
26004517
Status
ACTIVE CONTINGENT
Type
Multifamily

Property Description

Rare 3-unit income opportunity on a single tax parcel! Priced at $235,000, this versatile property features two separate buildings: a spacious 1,296 sq. ft. standalone 3BR/2BA home (66 E Isabella) and a separate duplex (62 E Isabella). THE NUMBERS: 66 E Isabella: 3BR/2BA house; occupied at $1,050/mo. 62 Lower: 2BR/1BA unit; occupied at $700/mo. 62 Upper: 2BR/1BA unit; VACANT and move-in ready. STRATEGY: Move into the vacant 2BR unit and let the $1,750 in existing rent from the other two units pay your mortgage! Investors can lease the final unit (Est. $950+) for $2,700/mo total gross income. FEATURES: All units include separate heating systems, dedicated carports, and W/D hookups. 66 E Isabella includes a private deck/patio. Ranges and refrigerators included for all units. High-demand location with easy US-31 access. Turnkey cash flow with immediate equity potential--schedule your showing today!

Additional Information

Owner Pays
Trash Collection
Taxes
$5,043
Acres
0.20
Basement
Full
Heating
Forced Air
Roofing
Composition, Rubber
School District
Muskegon
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Water
Total Parking Spaces
6
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Logan Laperriere from Listing Office: Keller Williams GR East.

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