1148 Terrace Street
Muskegon, MI 49442
- ā beds
- ā baths
- 2,380 sqft
- 8,712 sqft lot
- $98 per sqft
- 1800 build
- 137 days on site
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.
Last checked:
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Checkingā¦
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Last updated Apr 2, 2025
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MLS# 65024055783 ā
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1800
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Construction Materials:AluminumSiding
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Roof:Composition
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Basement:Full
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Basement:true
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Accessibility Features:AccessibleApproachwithRamp, AccessibleEntrance, OtherAccessibilityFeatures
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Building Area Total:2380.0
Interior
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Laundry Features:InBasement
Location
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Directions:US 31 to Apple Ave W to Peck E to Delaweare N to Terrace W to address.
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Cross Street:Diana & Delware
The Property
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Parcel Number:6124205230000200
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.2
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Lot Size Area:8712.0
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Lot Size Dimensions:66 X 132
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Lot Size Units:SquareFeet
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Zoning Description:Light Industry
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Road Frontage Feet:66
Listing Agent
- Contact info:
- Agent phone:
- (616) 723-4152
- Office phone:
- (616) 202-1247
Taxes
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Tax Legal Description:City of Muskegon revised plat of 1903 Kit 2 Blk 230.
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Tax Assessed Value:47610
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Tax Annual Amount:2722.0
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:NaturalGasConnected, SewerConnected
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:Muskegon
The Community
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Community Features:Sidewalks
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Waterfront:false
Parking
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Parking Total:2.0
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Parking Features:Paved
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, Ā© 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTORĀ® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. Ā©2025 Realcomp II Ltd. Shareholders.
Walk ScoreĀ®
Provided by WalkScoreĀ® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Bikerās Paradise).
Soundscoreā¢
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/6/25
Jan 6, 2025
|
Price Changed | REALCOMP | $234,900 | -4.1% |
|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | $244,900 |
