1148 Terrace Street Active Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49442
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Muskegon City
MLS Listing ID 24055783
Year Built 1800
Annual Tax Amount $2,722
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66 X 132
Property Description
Want to own an existing income producing property? This great investment opportunity is an already established mulit-room home that is currently being operating as an Adult Foster Care Home. This home currently rents out for $2,100 per month. With a current lease that is good until 12/22/2027. Some recent updates include a new roof put on within the last month. The deck has recently been power-washed & restained. A new garage door just put in. The seller is still working on some more updates including and new roof on the garage and some fascia repair on the outside. Seller is willing to give a $5,000 credit towards any and all repairs at close.
Location
State MI
County Muskegon
Area Muskegon County - M
Direction US 31 to Apple Ave W to Peck E to Delaweare N to Terrace W to address.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Laundry In Basement
Exterior
Garage Paved
Utilities Available Electricity Available,Cable Available,Natural Gas Connected,Water Available,Sewer Available
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Handicap Access Ramped Entrance
Total Parking Spaces 2
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Muskegon
Others
Tax ID 6124205230000200
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional