Muskegon, MI 49442 1148 Terrace Street
$234,900
Pending
14 more
Presented By: Lily Force at Key Realty - (616) 202-1247
Beds • 5
Baths • 2
SQFT • 2,380
Garage • 1
Home Details
Want to own an existing income producing property? This great investment opportunity is an already established mulit-room home that is currently being operating as an Adult Foster Care Home. This home currently rents out for $2,100 per month. With a current lease that is good until 12/22/2027. Some recent updates include a new roof put on within the last month. The deck has recently been power-washed & restained. A new garage door just put in. The seller is still working on some more updates including and new roof on the garage and some fascia repair on the outside. Seller is willing to give a $5,000 credit towards any and all repairs at close.
Presented By: Lily Force at Key Realty - (616) 202-1247
Interior Features for 1148 Terrace Street
Bedrooms
Main Level Bedrooms0
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Below Grade Finished Area0.0
Fireplace FeaturesLiving Room
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesIn Basement
Total Fireplaces1
Window FeaturesReplacement
Other Rooms
General for 1148 Terrace Street
AccessibilityRamped Entrance
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Carport Y/NNo
CityMuskegon
Construction MaterialsAluminum Siding
CoolingWall Unit(s)
CountyMuskegon
DirectionsUS 31 to Apple Ave W to Peck E to Delaweare N to Terrace W to address.
Electric On Property Y/NNo
Full Baths2
Garage Spaces1.0
Garage Y/NYes
HeatingForced Air
High School DistrictMuskegon
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCity of Muskegon revised plat of 1903 Kit 2 Blk 230.
Listing TermsCash, FHA, VA Loan, Conventional
Lot Size Square Feet8712.0
Lot Size UnitsAcres
MLS AreaMuskegon County - M
MLS Area MinorMuskegon County - M
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-15T01:47:46Z
New ConstructionNo
Occupancy TypeTenant
PossessionSubject To Tenant Rights
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic
Standard StatusPending
StatusPending
Stories2
Tax Annual Amount2722.0
Tax Assessed Value47610
Tax Year2024
Total Rooms5
TownshipMuskegon City
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
Waterfront Y/NNo
Year Built1800
Zoning DescriptionRM-1
Exterior for 1148 Terrace Street
Building Area Total2380.0
BuyerOfficeFax616-396-5356
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions66 x 132
Lot FeaturesSidewalk
Lot Size Acres0.2
Lot Size Area0.2
Open Parking Y/NNo
Parking FeaturesDetached
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Cristina Derucki
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