1621 Terrace Street
Muskegon, MI 49442
- – beds
- – baths
- – sqft
- 8,712 sqft lot
- 1900 build
- – on site
High Cash Flow Quadplex - Fully Rented with Separate Utilities! Monthly rents total 3,350This quadplex offers a rare investment opportunity near the growth of downtown Muskegon. All four units are fully rented, providing immediate income. Two of the units have been recently updated with modern finishes, adding to their appeal and increasing rental value. Rental Certification is current as of this summer.Don't miss this turn-key investment opportunity.
Last checked:
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Last updated Oct 28, 2024
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MLS# 71024055455 —
The Building
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Year Built:1900
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Construction Materials:Wood
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Foundation Details:Michigan Basement
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# of Units Total:4
Interior
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Basement:Yes
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:Head north on US-31 N.Take the E Laketon Ave exit toward downtown Muskegon.Turn left onto E Laketon Ave and continue west for about 2.1 miles.Turn right onto Terrace St and continue for about 0.4 miles.Your destination will be on the left.
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Directions From East West Detail:ch Ave
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Directions From North South Detail:E Forest Ave & E Lar
The Property
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Property Type:Multifamily
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Parcel Number:24205292002700
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Zoning:Other
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Lot Size Dimensions:67x130x67x130
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Lot Size Area:0.20
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Frontage Feet:67
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (616) 402-8184
- Office phone:
- (231) 855-5001
Taxes
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Total Taxes:$2,430
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Tax Amount Summer:$2,430
The Listing
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary)
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Water Source:Public (Municipal), Water at Street
Schools
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School District:Muskegon
Parking
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Total Parking:4
Extra Units
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Unit Count:12
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Unit One Bed Number Of:1
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Unit Two Bed Number Of:3
IDX provided courtesy of Realcomp II Ltd., via Estately and West Michigan Lakeshore Association of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® 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. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® 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 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® 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 (Biker’s Paradise).
Soundscore™
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/21/24
Oct 21, 2024
|
Listed / Active | REALCOMP | $319,900 | 77.7% (26.0% / YR) |
|
10/27/21
Oct 27, 2021
|
REALCOMP | $180,000 | -7.7% | |
|
9/22/21
Sep 22, 2021
|
REALCOMP | $195,000 |
