• 620 Liberty Street Sw Grand Rapids, Michigan 49503

  • $199,900
  • 3
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.11
    Acre

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.

Property Type :

Multifamily

County :

Kent

Style :

Multifamily

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Property Details

 

Interior Features

Cable Available

Roof : Composition

Heating & Cooling

Heating: Forced Air,Space Heater

Heating Fuel: Natural Gas

Building Information

Year Built: 1925

Total Units: 2

Roof: Composition

Utility Features

Sewer: Public Sewer (Sewer-Sanitary),Storm Drain

Water

Public (Municipal)

Lot Information

Lot Size: 0.11

Lot Dimensions: 40' x 115'

Frontage Feet: 40

Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $199,900

Listing Information

Possession: Subject To Tenant Rights

Legal Description: LOT 833* DORAN S ASSESSOR S PLAT NO 28

Tax Information

Annual Tax: $1,468

Parcel Number: 411701128009

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: LOT 833* DORAN S ASSESSOR S PLAT NO 28

Parking Information

Parking: 4

Multi-Unit Information

Road Frontage: Paved,Pub. Sidewalk

Unit 1 Information

# of Bedrooms: 1

Unit 2 Information

# of Bedrooms: 1

School Information

School District: Grand Rapids

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary),Storm Drain

MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

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.

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