$219,900
$219,900
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1231 Terrace Street Muskegon, MI 49442
8,712 Sqft Lot
Key Details
Sold Price $219,900
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Muskegon City
MLS Listing ID 21005630
Sold Date 06/11/21
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1900
Annual Tax Amount $1,941
Tax Year 2020
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x132
Property Description
Great investment opportunity near the growth of downtown Muskegon. 5 total units (Triplex and Duplex) on one parcel with full occupancy. Nicely updated units including some newer appliances, updated mechanicals and new roof(s) within the last 2.5 years. Both properties went through state lead-based paint abatement recently as well. Room to increase rents leave added value to new owner. Co-listing agent has ownership interest in property.
Location
State MI
County Muskegon
Area Muskegon County - M
Direction Laketon to Terrace to home
Rooms
Basement Crawl Space, Full
Interior
Heating Space Heater, Forced Air, Natural Gas
Fireplaces Number 2
Exterior
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 5
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Muskegon
Others
Tax ID 612420524300300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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