$195,000
$199,215
2.1%For more information regarding the value of a property, please contact us for a free consultation.
5,184 Sqft Lot
SOLD DATE : 05/11/2022
Key Details
Sold Price $195,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 22012097
Sold Date 05/11/22
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1910
Annual Tax Amount $2,153
Tax Year 2021
Lot Size 5,184 Sqft
Acres 0.12
Lot Dimensions 40x130
Property Description
Fully rented 2 unit property in an excellent location just south of Heritage Hill. Long term tenants with possibility of revenue increase. Unit one is 1100 a month. Unit #2 is 800 a month. Both are on month to month terms. Low maintenance vinyl siding, replacement windows, updated mechanicals and city certification. Lower unit updated just a couple of years ago. Both units share a washer and dryer.
Location
State MI
County Kent
Area Grand Rapids - G
Direction East on Franklin. Left on Paris
Rooms
Basement Michigan Basement
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplaces Number 1
Exterior
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-31-257-004
Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional
Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "