$1,165,000
Grand Rapids, MI 49503
MLS# 24050269
Status: Sold
1 / 18
Property Description
Rare investment opportunity just a short drive to downtown Grand Rapids! These two apartment buildings consist of 8 turnkey two-bedroom, one- bathroom units. The units are consistently rented, and leases are on a month-to-month basis, offering flexibility for future owners. The properties can also be purchased separately. See MLS #24050259 and #24050262. The two buildings offer plenty of off-street parking with a large parking lot. Call today to set up your private showing!
Details
Maps
Location Property Info
County: Kent
Street #: 835-865
Street Name: Grand
Suffix: Avenue
State: MI
Zip Code: 49503
OfficeContract Info
Status: Sold
Current Price: $1,165,000
List Price: $1,200,000
Listing Date: 2024-09-23
General Property Info
Lot Measurement: Acres
Lot Square Footage: 35022
Lot Acres: 0.8
Lot Dimensions: multiple parcels
Year Built: 1982
New Construction: No
Cert of Compliance: Yes
Road Frontage: 242
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 13
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-19-279-016, 41-14-19-279-014
Seller's Annual Property Tax: 9104
Tax Year: 2023
Spec Assessment & Ty: NA
Zoning: RES
Remarks Misc
Directions: Lydia to Grand
Status Change Info
Under Contract Date: 2024-11-01
Sold Date: 2024-12-10
Sold Price: $1,165,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 835A
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 835B
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 835C
SqFt: 850
Occupied: No
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 835D
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 865A
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 865B
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: 865C
SqFt: 850
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Monthly Rent: 1250
Unit 8
Unit Description: 865D
SqFt: 850
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Brick; Vinyl Siding
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Five Star Real Estate (Ada)
Listing Agent: Lauren Karsten
Last Updated: January - 30 - 2025
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.
