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Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24050262
Sold Date 12/02/24
Year Built 1982
Annual Tax Amount $4,552
Tax Year 2023
Lot Size 0.352 Acres
Acres 0.35
Lot Dimensions 108x142
Property Description
Rare investment opportunity just a short drive to downtown Grand Rapids! This apartment building consists of 4 turnkey two-bedroom, one- bathroom units. The units are consistently rented and leases are on a month-to-month basis, offering flexibility for future owners. The neighboring property at 865 Grand Ave is also for sale, presenting an excellent opportunity to purchase 8 units! The two buildings offer plenty of off-street parking with a large parking lot. Call today to set up your private showing!
Location
State MI
County Kent
Area Grand Rapids - G
Direction North on College, East on Lydia, West on Grand to property.
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Parking Features Paved
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
View Y/N No
Street Surface Paved
Total Parking Spaces 6
Building
Sewer Public Sewer
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-19-279-014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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