1164 Terrace St

Muskegon, MI 49442
  • $750,000

    Price
  • 5

    Bed
  • 0.4

    Acre

About the Listing 652716681161 - 65160002703255,65140003431490

This beautiful historic flagship home has been renovated from the studs in to create a wonderful 5 unit investment property that is turn key and ready to produce income! This property has a short term rental certificate from the City. No expense was spared in turning this property into what it is today. From the moment you pull up charm and historical beauty abound. The exterior is beautifully landscaped and is also equipped with in-ground sprinkling for the yard and plant beds. Additional exterior notes are new roof, new windows (other than a few windows in unit 2), and professionally restored and painted siding. The charm continues when walking up the stairs to the large wrap around front porch.Head inside and you are greeted with a beautiful common space with original hard wood floors as well as the stairway with original stair post with wonderful detail. Each unit has all new vinyl plank flooring, quartz counter tops, tile back splash, plenty of lighting, and stainless steal appliances. Units 1 and 2 have their own in unit laundry. Units 3,4,and 5 share the laundry on the second level common space. Units are heated and cooled using mini split systems that control the temperature in each room using only electricity. All units have also been furnished and stocked with everything needed to operate as a short term rental. This property would make a wonderful short term rental or high end rental property. Other notable details are that the floors have been leveled using gypcrete which makes sure there is zero sloping but also improves fire rating as well as reduces floor noise. All new electrical, plumbing, insulation and HVAC. There is a fire suppression system as well. Also ring flood light cameras cover all 4 corners of the house giving 360 degree sight and sound 24/7. The exterior also has new concrete with plenty of parking. This is a great opportunity to own a beautiful landmark property in the growing Muskegon market. Listing agent is the owner.

Listing Highlights

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® 65026045247
Year Built 1906
Lot/Acreage 0.4
County Muskegon
School District Muskegon

Interior Details

  • Bedrooms: 5
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace,Electric
  • Fireplaces:
  • Floor:
  • Basement: Daylight
  • Other: Laundry Facility,Cable Available,Wall Furnace
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 132 x 132
  • Zoning: Residential
  • Roof: Composition
  • Others: Wood,Paved
  • Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

Financial Details

  • Tax Amount: $7,064
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 24205230000300
  • Tax Year: N/A

Payment Calculator

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1164 Terrace St Muskegon, MI 49442

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Originating MLS: Greater Regional Alliance of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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