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.
Sold
$170,000
1148 Terrace St, Muskegon, MI 49442
5beds
2,380sqft
Single Family Residence
Built in 1800
8,712 Square Feet Lot
$172,600 Zestimate®
$71/sqft
$1,253 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 09:54am
Listed by:
Lily Force 616-723-4152,
Key Realty
Bought with:
Ron Webb, 6501204162
Coldwell Banker Woodland Schmidt
Source: MichRIC,MLS#: 24059432

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
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.