$244,900
For Sale

1148 Terrace Street

Muskegon, MI 49442
2380 sqft | 5 beds | 2 baths | 0.20 acres | #24059432
Browse 19 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • Bedrooms5
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot DescriptionSidewalk
    • Measurements
      • Square Feet2380
      • Acres0.2
    • Parking
      • Parking Spaces1
  • Construction Details
      • StyleTraditional
      • Property TypePurchase
      • BasementFull
    • Condition
      • Year Built1800
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Public Water
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictMuskegon
      • CountyMuskegon
  • Financial Details
      • Original List Price$244,900
      • Days on Market (Cumulative)22
  • Other
      • MLS #24059432

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00