Social HouseReal Estate Group
Photo 1 of 1223 Terrace Street, Muskegon MI
For Sale

1223 Terrace StreetMuskegon, MI 49442

$360,000

Listing courtesy of Bellabay Realty LLC

7

Beds

About

This Home

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.

Details

Property Type
Residential Income
Style
Multi Family
Year Built
1899
Lot Size
0.2 acres
Heating
Hot Water, Natural Gas
Basement
Full
Annual Taxes
$1
MLS #
65026024005

Gallery

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Listing courtesy of Bellabay Realty LLC. MLS # 65026024005. Information is deemed reliable but not guaranteed and should be independently verified.

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