Sold

$170,000

1148 Terrace St, Muskegon, MI 49442

5beds

2,380sqft

Single Family Residence

Built in 1800

8,712 Square Feet Lot

$170,600 Zestimate^®

$71/sqft

$1,632 Estimated rent

Home value

$170,600

$148,000 - $194,000

$1,632/mo

Zestimate^® history

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Owner options

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$1,632/mo

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$1,632/mo

Rent Zestimate^®

Refinance and save

$1,109/mo

Est. payment

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$1,109/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Cooling

Wall Unit(s)

Appliances

Laundry: In Basement

Features

Windows: Replacement
Basement: Full
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 2,380
Total interior livable area: 2,380 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Accessibility

Accessibility features: Accessible Approach with Ramp

Features

Stories: 2

Lot

Size: 8,712 sqft
Dimensions: 66 x 132
Features: Sidewalk

Details

Parcel number: 6124205230000200
Zoning description: RM-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Aluminum Siding
Roof: Composition

Condition

New construction: No
Year built: 1800

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected

Community & neighborhood

Location

Region: Muskegon

Other

Other facts

Listing terms: Cash,FHA,VA Loan,Conventional
Road surface type: Paved

Price history

Date	Event	Price
5/2/2025	Sold	$170,000-27.6%$71/sqft
Source: MichRIC #24059432 Report a problem
4/15/2025	Pending sale	$234,900$99/sqft
Source: MichRIC #24059432 Report a problem
1/6/2025	Price change	$234,900-4.1%$99/sqft
Source: MichRIC #24055783 Report a problem
10/23/2024	Listed for sale	$244,900+22.5%$103/sqft
Source: MichRIC #24055783 Report a problem
1/26/2022	Listing removed	--
Source: MichRIC #21002890 Report a problem