1621 Terrace Street Active Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49442
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
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