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Chollie Houghtaling

chollie@realtorsinmichigan.com +1(248) 764-0614

$750,000

Est. payment - /mo

4,603 SqFt

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 4,603 sqft

Price per Sqft $162

MLS Listing ID 65026045247

Year Built 1906

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type MultiFamily

Property Description

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. Please call with any questions.

Location

State MI

County Muskegon

Area Area61102Muskegon

Rooms

Basement Daylight, Full

Interior

Heating Electric, Wall Furnace

Fireplace No

Laundry CommonArea, InUnit

Exterior

Parking Features Concrete

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description CornerLot, FlagLot

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Muskegon

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Andrew J Straub of Five Star Real Estate (Grandv)

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Chollie Houghtaling

+1(248) 764-0614

Broker License ID: 431484

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1164 Terrace ST Muskegon City, MI 49442

Chollie Houghtaling

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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1164 Terrace ST