$600,000
Muskegon, MI 49441
MLS# 26036717
Status: Pending
1 / 36
Property Description
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
Details
Documents
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
General Property Info
New Construction: No
Lot Dimensions: 52x124x51x123
Financial Available: Yes
Financial Comments: Broker reconstructed APOD
Road Frontage: 52
Cert of Compliance: Yes
Waterfront: No
Body of Water: Lake Michigan
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 1158
Total Parking Spaces: 2
Statewide Lakes & Rivers: Lake Michigan
School District: Muskegon
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 5401
Lot Acres: 0.12
Year Built: 1919
Tax Info
Taxable Value: 82918
SEV: 160900
For Tax Year: 2025
Seller's Annual Property Tax: 4977
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: SFR
Tax ID #: 24-200-760-0019-00
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
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 200
Water Type
Lake: 1
Water Fea. Amenities
Public Access 1 Mile or Less: 1
Lot Description
Cul-De-Sac: 1
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
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Tax Def Exchange: 1
VA Loan: 1
Mineral Rights
No: 1
Laundry Features
In Basement: 1
Exterior Material
Vinyl Siding: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Paved: 1
Substructure
Crawl Space: 1
Michigan Basement: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Yellow Cottage
SqFt: 654
Occupied: Yes
Monthly Rent: 4680
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Fireplace: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Brown Cottage
SqFt: 654
Occupied: Yes
Monthly Rent: 4680
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Muskegon
Street #: 1675
Street Name: Nelson
Suffix: Street
State: MI
Zip Code: 49441
Zip (4): 1035
OfficeContract Info
Status: Pending
Current Price: $600,000
List Price: $600,000
Listing Date: 2026-07-17
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.
Status Change Info
Under Contract Date: 2026-07-19
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
aerial plat 1 
Listing Office: Berkshire Hathaway HomeServices Clyde Hendrick
Listing Agent: Daniel Curtis Hendrick
Last Updated: September - 01 - 2026
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