59 Grand Avenue NE Unit 59-61, Grand Rapids, MI 49503

$430,000
Sold Price
$430,000
List Price
$474,900
Closing Date
Aug 12, 2022
Days on Market
12
MLS#
22027110
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

MIDTOWN 2 UNIT: Incredible opportunity to own a VERY RARE side-by-side 2 story 2 unit with ample off-street parking. This is an absolutely GEM! With each side having 3 bedrooms, 1+ Baths, individual basements with laundry, separate utilities and more! Low maintenance exterior and grounds. Tenants pay GAS, ELEC, TRASH – incredible cash flow opportunity! Just a step OUTSIDE Heritage Hill = you get all the charm without the extra headaches of complying with the demands that accompany a property in a historical district. Walking distance to some of the best places in town – easy to get to Downtown, Midtown, Uptown, Eastown, Medical Mile and more! Excellent opportunity for an owner occupant or as a nice addition to your rental portfolio. Unit 59 rent = long term tenant at $1375/ Unit 61 = $1800 estimated market rent.

Additional Information

Owner Pays
Water, Sewer
Taxes
$7,709
Acres
0.11
Basement
Michigan Basement, Full
Heating
Forced Air, Natural Gas
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electric, Trash Collection, Gas
Total Parking Spaces
4
Utilities
Natural Gas Available, Natural Gas Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John P Rice from Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (South).

Selling Agent: Selling Office: .

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