1621 Terrace Street Active

Muskegon,MI 49442

$ 319900

4 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 71024055455

Bedrooms 4

Originating Board West Michigan Lakeshore Association of REALTORS®

Year Built 1900

Annual Tax Amount $2,430

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 67x130x67x130

Property Description

High Cash Flow Quadplex - Fully Rented with Separate Utilities! Monthly rents total 3,350This quadplex offers a rare investment opportunity near the growth of downtown Muskegon. All four units are fully rented, providing immediate income. Two of the units have been recently updated with modern finishes, adding to their appeal and increasing rental value. Rental Certification is current as of this summer.Don't miss this turn-key investment opportunity.

Location

State MI

County Muskegon

Area Muskegon

Zoning Other

Direction Head north on US-31 N.Take the E Laketon Ave exit toward downtown Muskegon.Turn left onto E Laketon Ave and continue west for about 2.1 miles.Turn right onto Terrace St and continue for about 0.4 miles.Your destination will be on the left.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Waterfront no

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal),Water at Street

Structure Type Wood

Schools

School District Muskegon

Others

Pets Allowed Yes

Tax ID 24205292002700

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Financing Cash,Conventional,FHA

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