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About This Home
This 7-bedroom, 0-bathroom residential multi family at 1223 Terrace Street in Muskegon, MI is listed for $400,000. Built in 1899, on a 0.20 acres lot.
Large 4-unit investment at 1223 Terrace St, Muskegon -- near downtown in excellent location, seeing lots of renovation in the immediate area. Current rents: Unit A $1,000 large 1BR/1BA, currently vacant for easy showings, Unit B $1,200 (3BR/2BA), Unit C $900 (2BR/1BA), Unit D $850 (1BR/1BA) -- All rents could probably be increased.
Long-term, on-time tenants. Recent updates: full remodel of all units between 2021 and 2024, new roof in 2022, new boiler in 2023.3. Great cash-flow property, ideal for an investor or owner-occupier. Photos available; serious inquiries only.
Key Features
- Built in 1899
- 0.20 acre lot
- 4 parking spaces
Property Details
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1223 Terrace Street
Muskegon, MI 49442
Property Details
Construction
Heating
Questions & Answers
This 7-bedroom, 0-bathroom residential multi family at 1223 Terrace Street is listed at $400,000. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: Built in 1899, 0.20 acre lot, 4 parking spaces.
This property is listed by Kevin Cole and can be reached at 6165516129 or kevin@contactbdc.com.