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About the Listing 652724642780 - 65160002349628
Large 4-unit investment property at 1223 Terrace St, Muskegon, in an excellent location near downtown and surrounded by ongoing neighborhood revitalization.Situated in the historic McLaughlin District, a well-established neighborhood known for its historic character and proximity to downtown Muskegon. Excellent cash-flow opportunity for investors or owner-occupants. Photos available. Serious inquiries only.Current rents:Unit A - $1,000/month (large 1BR/1BA), currently vacant for easy showingsUnit B - $1,200/month (3BR/2BA)Unit C - $900/month (2BR/1BA)Unit D - $850/month (1BR/1BA)All rents offer potential for future increases. Long-term, reliable tenants with a strong payment history.Recent improvements include full remodeling of all units between 2021 and 2024, a new roof in 2022, and a new boiler in 2023.
Interior Details
- Bedrooms: 7
- Appliances:
- Air Cond:
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Basement:
- Other: Cable Available,Hot Water
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 66x132
- Zoning: Light Industrial
- Roof: Composition
- Others: Wood,Paved
- Sewer: Sewer (Sewer-Sanitary)
- Parking Features: Garage,Paved
Financial Details
- Tax Amount: $1
- Taxes w/Assessments: N/A
- Tax/Property ID: 24205243001000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1223 Terrace St Muskegon, MI 49442
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