$1,240,000
Grand Rapids, MI 49504
MLS# 18011304
Status: Sold
1 / 81
Property Description
Investment portfolio with 21 units (14 properties) generating over $192,000 in gross income. See attachment for parcel numbers and address and descriptions of each property.
Details
Maps
Documents
Location Property Info
County: Kent
Street #: 1130
Street Name: Jackson
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $1,240,000
List Price: $1,435,400
Listing Date: 2018-03-26
General Property Info
Lot Measurement: Acres
Lot Square Footage: 43560
Lot Acres: 1
Lot Dimensions: IRR
Year Built: 1940
New Construction: No
Cert of Compliance: No
Road Frontage: 65
Total # Units: 21
# of Diff Unit Floor Plans: 21
Total # Bldgs: 14
Total Approx. SqFt All Bldgs: 22047
Total Parking Spaces: 39
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: see attached
Taxable Value: 442270
SEV: 585700
For Tax Year: 2018
Seller's Annual Property Tax: 23656
Tax Year: 2018
Spec Assessment & Ty: NONE KNOWN
Zoning: VARIOUS
Remarks Misc
Directions: multiple properties
Status Change Info
Under Contract Date: 2018-05-17
Sold Date: 2018-06-07
Sold Price: $1,240,000
Sold Price/SqFt: 56.24
Access Feat
Accessibility Features: No
Unit 1
Unit #: 923
Unit Description: 923 Douglas SF
SqFt: 982
Occupied: Yes
Monthly Rent: 725
Bedrooms: 3
Bathrooms: 1
Unit 2
Unit #: 1144
Unit Description: 1114 Madison 4 Units
SqFt: 2876
Occupied: Yes
Monthly Rent: 2450
Bedrooms: 7
Bathrooms: 4
Unit 3
Unit #: 1130
Unit Description: 1130 Jackson 3 Units
SqFt: 3024
Occupied: Yes
Monthly Rent: 2450
Bedrooms: 5
Bathrooms: 3
Unit 4
Unit #: 1052
Unit Description: 1052 Jackson 2 Units
SqFt: 1907
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 4
Bathrooms: 2
Unit 5
Unit #: 432
Unit Description: 432 Pleasant SW SF
SqFt: 1602
Occupied: Yes
Monthly Rent: 925
Bedrooms: 4
Bathrooms: 2
Unit 6
Unit #: 1547
Unit Description: 1547 Turner SF
SqFt: 1400
Occupied: Yes
Monthly Rent: 850
Bedrooms: 3
Bathrooms: 2
Unit 7
Unit #: 1062
Unit Description: 1062 Ardmore SF
SqFt: 1168
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Monthly Rent: 875
Unit 8
Unit #: 873
Unit Description: 873 Hollywood SF
SqFt: 1090
Occupied: Yes
Monthly Rent: 900
Bedrooms: 3
Bathrooms: 1
Unit 9
Unit #: 1731
Unit Description: 1731 Silver SF
SqFt: 776
Occupied: Yes
Monthly Rent: 700
Bedrooms: 2
Bathrooms: 1
Unit 10
Unit #: 1308
Unit Description: 1308 Griggs SF
SqFt: 1260
Occupied: Yes
Monthly Rent: 975
Bedrooms: 3
Bathrooms: 2
Unit 11
Unit #: 360
Unit Description: 360 Hogadone SF
SqFt: 1632
Occupied: Yes
Monthly Rent: 975
Bedrooms: 5
Bathrooms: 2
Unit 12
Unit #: 913
Unit Description: 913 Ballard SF
SqFt: 814
Occupied: Yes
Monthly Rent: 725
Bedrooms: 2
Bathrooms: 1
Property Features
Exterior Material: Aluminum Siding; Brick; Vinyl Siding
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Owner Pays: Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Forced Air; Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Paved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Garage; Refrigerator
Unit 4: Range/Oven; Refrigerator
Unit 5: Garage; Range/Oven; Refrigerator
Unit 6: Range/Oven; Refrigerator
Unit 7: Refrigerator; Range/Oven
Unit 8: Range/Oven; Refrigerator
Unit 9: Garage; Range/Oven; Refrigerator
Unit 10: Range/Oven; Refriderator
Unit 11: Range/Oven; Refriderator
Unit 12: Range/Oven; Refriderator
Property Addresses and Descriptions Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (South)
Listing Agent: John Rice
Last Updated: February - 26 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
