$1,780,000
Grand Rapids, MI 49503
MLS# 18052059
Status: Sold
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Property Description
History abounds at the Stratford Arms Apartments, located in Heritage Hill, close to downtown Grand Rapids. This immaculate 16 unit complex has a main building with twelve one bedroom and three two bedroom units and an adjacent 2 bedroom/2 bath former caretakers house. Originally built as a bachelor apartment in 1905, much of the character remains. Each unit features leaded glass windows, hardwood floors, fireplaces(no longer working), original ceramic tile bathrooms, tall ceilings, classic wide trim, and an expansive brick courtyard. Rent includes steam heat, water, gas, and trash removal. Tenants pay their own electric. On-site coin-op laundry and tenant storage. Great layouts because they were built as apartments. The typical one bedroom features a 12x18 living room with fireplace,
Details
Maps
Location Property Info
County: Kent
Street #: 203
Street Name: Morris
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $1,780,000
List Price: $1,800,000
Listing Date: 2018-10-23
General Property Info
Lot Measurement: Acres
Lot Square Footage: 13895
Lot Acres: 0.32
Year Built: 1905
New Construction: No
Cert of Compliance: Yes
Total # Units: 15
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 11124
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-30-451-002
Taxable Value: 338810
SEV: 507800
For Tax Year: 2018
Seller's Annual Property Tax: 17509
Tax Year: 2017
Spec Assessment & Ty: NA
Zoning: NA
Remarks Misc
Directions: SW corner of Cherry St SE & Morris Ave SE
Status Change Info
Under Contract Date: 2019-03-04
Sold Date: 2019-04-11
Sold Price: $1,780,000
Sold Price/SqFt: 160.01
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 1 bedroom
Identical Units: 13
Occupied: Yes
Monthly Rent: 925
Bedrooms: 1
Bathrooms: 1
Unit 2
Unit Description: 2 Bedroom
Identical Units: 2
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Unit 3
Unit Description: Single Family Home
SqFt: 724
Occupied: No
Monthly Rent: 1500
Bedrooms: 2
Bathrooms: 2
Property Features
Exterior Material: Brick
Roofing: Composition; Metal
Substructure: Partial
Lot Description: Corner Lot; Sidewalk; Wooded
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Extras: Laundry Facility; Sep Electric Meter; Tenant Storage
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Radiant; Steam
Driveway: Easement; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Fireplace; Range Oven; Refrigerator
Unit 2: A/C Unit; Fireplace; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; W/D Hookup
Supplements
a 10x10 dining room that leads into a kitchen area, 12x12 bedroom, ample closet space, and a bathroom with tub/shower. Recent capital improvements include: newer roof, boiler, hot water heaters, exterior paint, carpet in foyers, refinished hardwood floors, circuit breakers, master keyed, recirculating pump and more.
Listing Office: Compass Realty Services
Listing Agent: Allison Koetsier
Last Updated: September - 26 - 2021
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