Muskegon, MI 49442,1621 Terrace Street
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Muskegon, MI 49442,1621 Terrace Street
Muskegon, MI 49442,1621 Terrace Street
Muskegon, MI 49442,1621 Terrace Street
Muskegon, MI 49442,1621 Terrace Street
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1621 Terrace Street Muskegon, MI 49442

8,712 Sqft Lot


UPDATED:

10/22/2024 02:23 PM

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Muskegon City

MLS Listing ID 24055455

Year Built 1900

Annual Tax Amount $2,430

Tax Year 2023

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 67x130x67x130

Property Description

High Cash Flow Quadplex - Fully Rented with Separate Utilities! Monthly rents total 3,350
This 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.

Location

State MI

County Muskegon

Area Muskegon County - M

Direction 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.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Fireplaces Number 1

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available

Waterfront No

View Y/N No

Total Parking Spaces 4

Building

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-205-292-0027-00

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional


Listed by Five Star Real Estate-W Norton

Karen Austin

Broker Associate

+1(517) 290-4493

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1621 Terrace Street