Properties for sale in Michigan

Location Property Info

County: Muskegon
Street #: 1675
Street Name: Nelson
Suffix: Street
State: MI
Zip Code: 49441
Zip (4): 1035

General Property Info

Lot Measurement: Acres
Lot Square Footage: 5401
Lot Acres: 0.12
Lot Dimensions: 52x124x51x123
Year Built: 1919
New Construction: No
Financial Available: Yes
Financial Comments: Broker reconstructed APOD
Cert of Compliance: Yes
Road Frontage: 52
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 1158
Total Parking Spaces: 2
Waterfront: No
Body of Water: Lake Michigan
Statewide Lakes & Rivers: Lake Michigan
School District: Muskegon
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 24-200-760-0019-00
Taxable Value: 82918
SEV: 160900
For Tax Year: 2025
Seller's Annual Property Tax: 4977
Tax Year: 2025
Spec Assessment & Ty: none known
Zoning: SFR
Homestead %: 0

Remarks Misc

Directions: US-31 to Pontaluna Exit. Turn West onto E Pontaluna Rd. Turn right (north) onto Lake Harbor Rd. Turn left (west) onto Lincoln St, which turns into Lakeshore Dr. Turn left onto Beach St. Turn right onto Nelson St to property on the right.

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 200

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 1820
Annual Maintenance: 3319
Annual Mgmt. Fees: 3000
Annual Utilities: 5715
Gross Op. Inc.: 70000
Net Operating Income: 38253
Operating Expense: 29747

Unit 1

Unit #: Yes
Unit Description: Yellow Cottage
SqFt: 654
Occupied: Yes
Monthly Rent: 4680
Bathrooms: Yes
Full Baths: Yes
Deck/Patio: Yes
Fireplace: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: Brown Cottage
SqFt: 654
Occupied: Yes
Monthly Rent: 4680
Bathrooms: Yes
Full Baths: Yes
Deck/Patio: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Location & Property Info

Cross Streets: Ohio & Cul-De-Sac
Property Sub-Type: 2 to 4 Units
Municipality: Muskegon City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 518.13

Remarks & Misc

Public Remarks: Great Investment Opportunity!!! 2 homes on 1 lot. Currently operating as a Short Term Rental and a transferable "STR Certificate" Broker Reconstructed Statement can generate 8.5% CAP Rate. Both homes are 2 bedroom, 1 Bathroom, 654sqft, rent for each home is $195 per night high season, across the street from Pere Marquette beach. These are Active Short Term Rental so showing will be Saturdays from 1:30 to 3:00. Please respect tenants if one is at one of the units. Muskegon City considers this as an "ADU" and is a conforming use. Also see MLS #26036711
Legal: CITY OF MUSKEGON CENTRAL LAND COS SUB BLK 760 LOT 19 & E 1/2 VAC ALLEY ABUTTING

Water Type

Lake: Yes

Water Fea. Amenities

Public Access 1 Mile or Less: Yes

Lot Description

Cul-De-Sac: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
Tax Def Exchange: Yes
VA Loan: Yes

Mineral Rights

No: Yes

Laundry Features

In Basement: Yes

Exterior Material

Vinyl Siding: Yes
Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

None: Yes

Driveway

Paved: Yes

Substructure

Crawl Space: Yes
Michigan Basement: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Basement Water Type: Lake Exterior Material: Vinyl Siding; Wood Siding Roofing: Composition Substructure: Crawl Space; Michigan Basement Lot Description: Cul-De-Sac Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Paved; Public Mineral Rights: No Terms Available: Cash; Conventional; FHA; Tax Def Exchange; VA Loan Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Deck/Patio; Fireplace; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Deck/Patio; Range/Oven; Refrigerator; Sep. Heat System

1675 Nelson Street, Muskegon, MI 49441

Virtual Tour

Overview

Description

Listing Details MLS# 26036717