$397,500
Grand Rapids, MI 49504
MLS# 24020349
1 / 17
Property Description
Great opportunity to own this income producing 3 unit in the POPULAR Northwest Side of Grand Rapids! This property offers a 4 bedroom unit, 2 bedroom unit, and studio apartment that are all fully occupied with leases that total over $4,300.00 a month. Don't miss the opportunity to make this your next investment property!
Details
Maps
Location & Property Info
County: Kent
Street #: 135
Street Name: Straight
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5691
Cross Streets: Lake Michigan Dr. & Straight
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $397,500
List Price: $397,500
Auction or For Sale: For Sale
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord: 3
Trans Coord Type: %
Listing Date: 2024-04-25
General Property Info
Lot Measurement: Acres
Lot Square Footage: 2640
Lot Acres: 0.06
Lot Dimensions: 44 x 60
Year Built: 1925
New Construction: No
Cert of Compliance: Yes
Road Frontage: 44
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-26-277-016
Taxable Value: 97791
SEV: 126300
For Tax Year: 2024
Annual Property Tax: 4848
Tax Year: 2023
Spec Assessment & Ty: None Known
Zoning: Residential Imp
Remarks & Misc
Directions: From Downtown take Fulton To Straight, Property On NW Corner.
Legal: E 60 FT OF LOT 6* MOHL & VAN ALSTINE ADDITION
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: 4 Bedroom
SqFt: 1250
Occupied: Yes
Monthly Rent: 1810
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 2 Bedroom
SqFt: 800
Occupied: Yes
Monthly Rent: 1450
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Studio
SqFt: 450
Occupied: Yes
Monthly Rent: 1075
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: In Basement
Exterior Material: Brick; Vinyl Siding
Roofing: Composition
Substructure: Full
Lot Description: Corner Lot
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone Line
Util Avail at Street: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone Line
Extras: Sep Electric Meter
Owner Pays: Gas; Sewer; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: None
Street Type: Paved
Terms Available: Cash; Conventional
Sale Conditions: None
Listing Office: Windpoint Realty LLC
Listing Agent: Kyle Gummere
Last Updated: May - 05 - 2024
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