$385,000
$400,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4,791 Sqft Lot
SOLD DATE : 09/25/2024
Key Details
Sold Price $385,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024037018
Sold Date 09/25/24
Bedrooms 3
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $5,315
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40x115
Property Description
Great investment opportunity to own a duplex and single family house right next to each other on two separate parcels. All three units are currently rented month-to-month for $4,450 per month. Electric and gas are individually metered for each unit. Water/sewer is shared for all three units. Certificate of compliance issued by the city until 9/23/2026. Take advantage of the cash flow already established and the possibility to sell the properties separately in the future. Or live in one unit and have the other two units pay the mortgage. 1021 is a 4 bedroom, 1 1/2 bathroom single family. 1023 is a upper/lower duplex, each with 2 bedrooms and 1 bathroom. Both buildings have new roofs and attic venting in 2022. Tax information is for both parcels - 41-13-36-380-025 and 41-13-36-380-026.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction From 131, take Hall St exit, West on Hall St, North on Sheridan to home
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411336380026
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing 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
©2024 Realcomp II Ltd. Shareholders
Bought with eXp Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "