$335,000
Grand Rapids, MI 49504
MLS# 24021583
1 / 43
Open House (05/04/2024 - 2:00 pm - 5:00 pm)
Property Description
Investors: this is your golden opportunity to add a desirable three-unit income property to your real estate portfolio. 1035/1037 Sibley is a two-unit dwelling with three bedrooms, one full bathroom, and laundry hookups in each unit. 211 Pine is a single-family dwelling with two bedrooms, one full bathroom, and laundry hookups as well. Both dwellings are built on a single city lot on Grand Rapids northwest side. Multiple destinations of interest within walking distance include the Bridge and Fulton street business districts, Bridge St. Market, GVSU Pew campus, John Ball Park and Zoo, the downtown YMCA, and last but not least the US-131/I-196 interchange. An open house is scheduled for May 4 between 2:00 and 5:00 PM. Act fast before another savvy investor beats you to the closing table.
Details
Maps
Location & Property Info
County: Kent
Street #: 1035
Street Name: Sibley
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Cross Streets: Sibley & Pine
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: $335,000
List Price: $335,000
Auction or For Sale: For Sale
List Price/SqFt: 122.98
Sub Agency: 2.5
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-04-29
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6186
Lot Acres: 0.14
Lot Dimensions: 53x123
Year Built: 1910
New Construction: No
Cert of Compliance: Yes
Road Frontage: 53
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 2724
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-26-208-013
Taxable Value: 51920
SEV: 152500
For Tax Year: 2024
Annual Property Tax: 2574
Tax Year: 2023
Spec Assessment & Ty: N/A
Zoning: Not Listed
Remarks & Misc
Directions: South on Pine to Sibley.
Legal: LOT 29* JOSIAH BURTON & CO S SUBDIVISION
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1035
Unit Description: 1035 Sibley St NW
SqFt: 997
Occupied: Yes
Monthly Rent: 1049
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 1037 Sibley St NW
SqFt: 997
Occupied: Yes
Monthly Rent: 1024
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: 211 Pine Ave NW
SqFt: 730
Occupied: Yes
Monthly Rent: 999
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Gas Dryer Hookup; In Bathroom; Washer Hookup
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Lot Description: Corner Lot; Sidewalk
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at Street: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone Line
Owner Pays: Trash Collection
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: None
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; W/D Hookup
Unit 2: Range/Oven; Refrigerator; W/D Hookup
Unit 3: Range/Oven; Refrigerator; W/D Hookup
Listing Office: Mitten Real Estate
Listing Agent: Benjamin Ashley
Last Updated: May - 04 - 2024
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