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: 2 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 3 bedroom, 1 bath, current rent is $1,000 per month. Total rents are $2,100 per month. Each unit has a kitchen with eating area. Large backyard, and off street parking. 2 new furnaces and 2 new water heaters Separate utilities. Property is near a major bus line. Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Any and all offers due by 12pm on Monday, 4/8/2024. Seller has 3 other properties for sale. MLS 24015903, MLS 24015907, MLS 24015962
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Cable Available
Roof : Composition
Heating: Forced Air,Space Heater
Heating Fuel: Natural Gas
Year Built: 1900
Total Units: 2
Roof: Composition
Foundation/Basement: Michigan Basement
Sewer: Public Sewer (Sewer-Sanitary)
Public (Municipal)
Lot Size: 0.10
Lot Dimensions: 50' x 91'
Frontage Feet: 50
Financing: Cash,Conventional
Original List Price: $199,900
Possession: Subject To Tenant Rights
Legal Description: LOT 4 EXCEPT N 60 FT THEREOF* PECK & VEENBOER S SECOND ADDITION
Annual Tax: $1,350
Parcel Number: 411432351038
Subject To Tenant Rights
Legal Description: Section: LOT 4 EXCEPT N 60 FT THEREOF* PECK & VEENBOER S SECOND ADDITION
Road Frontage: Pub. Sidewalk
# of Bedrooms: 1
# of Bedrooms: 1
School District: Grand Rapids
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1203 Division Avenue S, Grand Rapids, MI,49507 | $1,600,000 | -- | -- | -- | 0.95 Acre |
1203 Division Avenue, Grand Rapids, MI,49507 | $1,600,000 | -- | -- | -- | 0.95 Acre |
528 Delaware Street, Grand Rapids, MI,49507 | $190,000 | 3 | 1 | 2,340 | 0.11 Acre |
146 Quigley Boulevard, Grand Rapids, MI,49507 | $165,000 | 3 | 2 | 1,494 | 0.05 Acre |
713 Burton Street, Grand Rapids, MI,49507 | $265,000 | 4 | 2 | 1,650 | 0.11 Acre |
447 Dickinson Street Se, Grand Rapids, MI,49507 | $249,900 | 5 | 1.5 | 1,579 | 0.13 Acre |
447 Dickinson Street, Grand Rapids, MI,49507 | $249,900 | 5 | 2 | 1,579 | 0.13 Acre |
2301 Francis Avenue, Grand Rapids, MI,49507 | $294,900 | 5 | 2 | 1,800 | 0.13 Acre |
223 Stewart Street, Grand Rapids, MI,49507 | $209,900 | 3 | 2 | 1,596 | 0.06 Acre |
815 Cottage Grove Street, Grand Rapids, MI,49507 | $150,000 | 3 | 1 | 1,494 | 0.3 Acre |
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ByOwner last updated this listing 05/01/2024 @ 22:39
MLS: 604547004
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.