1223 Terrace Street
Large 4-unit investment at 1223 Terrace St, Muskegon -- near downtown in excellent location
Marketing description
Large 4-unit investment at 1223 Terrace St, Muskegon -- near downtown in excellent location, seeing lots of renovation in the immediate area. Current rents: Unit A $1,000 large 1BR/1BA, currently vacant for easy showings, Unit B $1,200 (3BR/2BA), Unit C $900 (2BR/1BA), Unit D $850 (1BR/1BA) -- All rents could probably be increased. Long-term, on-time tenants. Recent updates: full remodel of all units between 2021 and 2024, new roof in 2022, new boiler in 2023. Great cash-flow property, ideal for an investor or owner-occupier. Serious inquiries only.
Investment highlights
Large 4-unit investment at 1223 Terrace St, Muskegon -- near downtown in excellent location, seeing lots of renovation in the immediate area. Current rents: Unit A $1,000 large 1BR/1BA, currently vacant for easy showings, Unit B $1,200 (3BR/2BA), Unit C $900 (2BR/1BA), Unit D $850 (1BR/1BA) -- All rents could probably be increased. Long-term, on-time tenants. Recent updates: full remodel of all units between 2021 and 2024, new roof in 2022, new boiler in 2023. Great cash-flow property, ideal for an investor or owner-occupier. Serious inquiries only.
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