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$700,000
71 Days On Site

1164 Terrace Street
Muskegon City, MI 49442

For Sale|Multi Family|Active
5
Beds
0
Total Baths
4,603
SqFt
$152
/SqFt
1906
Built
County:
Muskegon
Call Now: 810-360-3488
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810-360-3488
1164 Terrace Street1164 Terrace Street1164 Terrace Street1164 Terrace Street
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This beautiful historic flagship home has been renovated from the studs in to create a wonderful 5 unit investment property that is turn key and ready to produce income! This property has a short term rental certificate from the City. No expense was spared in turning this property into what it is today. From the moment you pull up charm and historical beauty abound. The exterior is beautifully landscaped and is also equipped with in-ground sprinkling for the yard and plant beds. Additional exterior notes are new roof, new windows (other than a few windows in unit 2), and professionally restored and painted siding. The charm continues when walking up the stairs to the large wrap around front porch.Head inside and you are greeted with a beautiful common space with original hard wood floors as well as the stairway with original stair post with wonderful detail. Each unit has all new vinyl plank flooring, quartz counter tops, tile back splash, plenty of lighting, and stainless steal appliances. Units 1 and 2 have their own in unit laundry. Units 3,4,and 5 share the laundry on the second level common space. Units are heated and cooled using mini split systems that control the temperature in each room using only electricity. All units have also been furnished and stocked with everything needed to operate as a short term rental. This property would make a wonderful short term rental or high end rental property. Other notable details are that the floors have been leveled using gypcrete which makes sure there is zero sloping but also improves fire rating as well as reduces floor noise. All new electrical, plumbing, insulation and HVAC. There is a fire suppression system as well. Also ring flood light cameras cover all 4 corners of the house giving 360 degree sight and sound 24/7. The exterior also has new concrete with plenty of parking. This is a great opportunity to own a beautiful landmark property in the growing Muskegon market. Listing agent is the owner.

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Listing Snapshot
Price 
$700,000
Days On Site 
71 Days
Bedrooms 
5
Inside Area (SqFt) 
4,603 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1906
MLS Number 
65026045247
Status 
Active
Property Tax 
$7,064
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoPrice changed to $700,000
2 months agoListing first seen on site
General Features
Acres 
0.4
Cross Street 
Delaware and Terrace
Parking 
Concrete
Parking Spaces 
5
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4603
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedSewer Available
Water Source 
Public
Zoning 
Residential
Interior Features
Basement 
Walk-Out AccessDaylightFull
Heating 
ElectricWall Furnace
Laundry Features 
Common AreaIn Unit
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Corner LotFlag Lot
Roof 
Composition
Community Features
MLS Area 
Area61102Muskegon
School District 
Muskegon
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Muskegon
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Five Star Real Estate (Grandv): [email protected]



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IDX information is provided exclusively 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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