$ 244,900
1148 Terrace Street Muskegon, MI 49442
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$ 244,900
Est. payment | /mo
2,380 SqFt
$ 244,900
Est. payment | /mo
2,380 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,380 sqft
Price per Sqft $102
Subdivision Mi
MLS Listing ID 70438231
Year Built 1800
Annual Tax Amount $2,722
Tax Year 2023
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 (61023)
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum
Waterfront No
Building
Lot Description Sidewalks
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District Muskegon Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Key Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "