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1148 Terrace Street, Muskegon, MI 49442

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For Sale

$244,900

0.2 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 24055783

Courtesy Of Key Realty One LLC (DBA Key Realty)
2450 44th St SW, Grand Rapids, MI 49512
(616) 202-1247

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Aluminum Siding
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 1148 Terrace Street, Muskegon, MI 49442

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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