Thank you
David Vandam
Five Star Real Estate (Grandv)
616-257-1500
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 1 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 2 bedroom, 1 bath, current rent is $1,400 per month. Total rents are $2,500 per month! Each unit has a kitchen with eating area. Large backyard, and off street parking. Roof is 8 years old, Furnace 5 years old and 1 newer water heater per owner. Separate utilities. Property is near a major bus line and grocery store. Don't miss this one! Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller is selling 3 other properties. MLS 24015903, MLS 24015907 & MLS 24015981.
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Cable Available
Roof : Composition
Heating: Forced Air,Space Heater
Heating Fuel: Natural Gas
Year Built: 1925
Total Units: 2
Roof: Composition
Sewer: Public Sewer (Sewer-Sanitary),Storm Drain
Public (Municipal)
Lot Size: 0.11
Lot Dimensions: 40' x 115'
Frontage Feet: 40
Financing: Cash,Conventional
Original List Price: $199,900
Possession: Subject To Tenant Rights
Legal Description: LOT 833* DORAN S ASSESSOR S PLAT NO 28
Annual Tax: $1,468
Parcel Number: 411701128009
Subject To Tenant Rights
Legal Description: Section: LOT 833* DORAN S ASSESSOR S PLAT NO 28
Parking: 4
Road Frontage: Paved,Pub. Sidewalk
# of Bedrooms: 1
# of Bedrooms: 1
School District: Grand Rapids
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary),Storm Drain
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
546 Michigan Street Ne, Grand Rapids, MI,49503 | $154,900 | -- | -- | -- | 0.21 Acre |
546 Michigan Street, Grand Rapids, MI,49503 | $154,900 | -- | -- | -- | 0.21 Acre |
51 Monroe Center Street.., Grand Rapids, MI,49503 | $689,000 | 2 | 2 | 1,688 | -- |
85 Campau Circle Nw, Grand Rapids, MI,49503 | $399,900 | 1 | 2 | 982 | -- |
85 Campau Circle, Grand Rapids, MI,49503 | $399,900 | 1 | 2 | 982 | -- |
1534 Cedar Street, Grand Rapids, MI,49503 | $279,900 | 3 | 2 | 2,536 | 0.14 Acre |
55 Ionia Avenue Nw #1205, Grand Rapids, MI,49503 | $799,000 | 2 | 3 | 2,125 | -- |
55 Ionia Avenue Nw #1204, Grand Rapids, MI,49503 | $499,000 | 2 | 3 | 1,278 | -- |
54 Campau Circle, Grand Rapids, MI,49503 | $850,000 | 3 | 4 | 1,588 | -- |
44 Lafayette Avenue #4, Grand Rapids, MI,49503 | $265,000 | 2 | 1 | 1,107 | -- |
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ByOwner last updated this listing 05/05/2024 @ 02:19
MLS: 604435895
LISTED BY: David VanDam , Five Star Real Estate (Grandv)
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.