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Key Details
Sold Price $175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024015981
Sold Date 02/04/25
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $1,350
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50' x 91'
Property Description
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 2 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 3 bedroom, 1 bath, current rent is $1,000 per month. Total rents are $2,100 per month. Each unit has a kitchen with eating area. Large backyard, and off street parking. 2 new furnaces and 2 new water heaters Separate utilities. Property is near a major bus line. Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller has 1 other properties for sale, 125 Griggs SW, Grand Rapids, MI 49507, MLS 24015903.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Take Kalamazoo north of Hall to to Oakhill. Turn west on Oakhill. Property on Northside of the road.
Interior
Heating Forced Air, Space Heater
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Composition
Road Frontage Pub. Sidewalk
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411432351038
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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