125 Griggs SW Street, Grand Rapids, MI 49507 - MLS#24015903

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Kaitlyn Mariuz

kaitlyn@kaitlynmariuz.com +1(616) 403-6519

$199,900

Est. payment - /mo

7,013 Sqft Lot

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UPDATED:

09/30/2024 02:21 PM

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 24015903

Year Built 1929

Annual Tax Amount $1,457

Tax Year 2024

Lot Size 7,013 Sqft

Acres 0.16

Lot Dimensions 50' x 140'

Property Description

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981

Location

State MI

County Kent

Area Grand Rapids - G

Direction North off Burton on Division, west off Division on Griggs to 125 Griggs SW.

Rooms

Basement Full

Interior

Heating Gravity, Space Heater

Fireplaces Number 1

Exterior

Parking Features Concrete, Driveway

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Building

Lot Description Level

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-17-01-429-034

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Five Star Real Estate (Grandv)

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Kaitlyn Mariuz

+1(616) 403-6519

Agent | License ID: 6501446335

Agent License ID: 6501446335