$320,000
$354,900
9.8%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 03/27/2025
Key Details
Sold Price $320,000
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 25004783
Sold Date 03/27/25
Year Built 1955
Annual Tax Amount $2,302
Tax Year 2024
Lot Size 0.348 Acres
Acres 0.35
Lot Dimensions 125x111x48x163x31
Property Sub-Type 2 to 4 Units
Property Description
Great opportunity to own a duplex in the Alger Heights area. Currently owner occupied. This property has never been rented out, so the opportunities are endless. Live in one side and rent out the other. Unit 2 is much larger with a fireplace. This unit also has a three-season porch and was expanded at one point for added kitchen/dining space. This unit boasts 2 beds and 2 full baths. Renting out the other unit is the other option. Or rent out both units for passive income. Unit 1 consists of 2 bedrooms and 1 full bath and a shower in the basement.
The home does have newer windows, fresh paint in both units and some updates. There's also a 2-stall garage and a fenced yard. Plus, there is a handicap ramp for unit 1. NOTE: Updated pics for unit 1 just posted.
Location
State MI
County Kent
Area Grand Rapids - G
Direction Alger to N Nelson.
Rooms
Basement Full
Interior
Interior Features Broadband
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Parking Features Concrete, Driveway
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 6
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-18-08-257-038
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States