1148 Terrace Street Active Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49442
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65024055783
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1800
Annual Tax Amount $2,722
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
Zoning Light Industrial
Direction US 31 to Apple Ave W to Peck E to Delaweare N to Terrace W to address.
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 2.0
Waterfront no
Roof Type Composition
Accessibility Accessible Approach with Ramp,Accessible Entrance,Other Accessibility Features
Road Frontage Paved,Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Aluminum
Schools
School District Muskegon
Others
Pets Allowed Yes
Tax ID 6124205230000200
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA