251 Page NE Street new

Grand Rapids,MI 49505

$ 545000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25028418

Year Built 1930

Annual Tax Amount $5,300

Tax Year 2024

Lot Size 5,140 Sqft

Property Sub-Type 2 to 4 Units

Property Description

Unique option in the City of Grand Rapids with this fully occupied 3 unit building. The main floor, previously commercial space, has been fully renovated. Main floor unit is 2 bed 1 bath bringing in $2000 in rent and both upper units are 1 bed 1 bath with long term tenants each renting at $1,100. All units have shared laundry space with coin operated machines. Property has a detached two stall garage with large overhead storage space and the driveway connects Lafayette and Page streets providing ample parking. The garage has power as well as a storage shed. An additional storage shed adds to the appeal. Upper units are in good shape but updating would likely bring improved rents and raise property value.

Location

State MI

County Kent

Area Grand Rapids - G

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplaces Number 1

Laundry Common Area

Exterior

Parking Features Concrete,Driveway

Utilities Available Electricity Available,Natural Gas Connected,Electricity Connected

View Y/N No

Roof Type Other

Building

Lot Description Corner Lot

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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