$335,000
$275,000
21.8%For more information regarding the value of a property, please contact us for a free consultation.
5,706 Sqft Lot
SOLD DATE : 04/22/2025
Key Details
Sold Price $335,000
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 25009427
Sold Date 04/22/25
Year Built 1900
Annual Tax Amount $5,306
Tax Year 2024
Lot Size 5,706 Sqft
Acres 0.13
Lot Dimensions 55x104
Property Sub-Type 2 to 4 Units
Property Description
**Offers due Friday March 21st by 9pm**Seize this exceptional investment opportunity in the highly sought-after Creston neighborhood! With new businesses emerging and the area experiencing rapid growth, now is the perfect time to invest in this thriving community.
The upper unit features a spacious open floor plan, an updated bathroom, and a generously sized bedroom. Tenants will appreciate the private entrance, exclusive balcony, and in-unit washer and dryer. This unit boasts a strong rental history at $1,750 per month.
The lower unit offers over 1,000 square feet of living space, including two bedrooms and one bathroom. It also features a private entrance and in-unit laundry, currently generating $1,500 per month. Whether you're looking to walk into immediate passive income or live in one unit while offsetting your mortgage with rental income, this property presents endless possibilities. Don't miss outschedule your showing today! Whether you're looking to walk into immediate passive income or live in one unit while offsetting your mortgage with rental income, this property presents endless possibilities. Don't miss outschedule your showing today!
Location
State MI
County Kent
Area Grand Rapids - G
Direction Emerald N off Leonard to house
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Parking Features Concrete, Driveway
Utilities Available Cable Available, Natural Gas Connected, Electricity Connected
View Y/N No
Total Parking Spaces 4
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-17-353-001
Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional
Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional
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Bought with Zac Folsom Group
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