MI > Grand Rapids
Grand Rapids, MI 49507,1899 Palace SW Avenue
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Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
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Mark Brace

Mark Brace

+1(616) 447-7025
$ 219,900
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1899 Palace SW Avenue Grand Rapids, MI 49507

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 25034484

Year Built 1895

Annual Tax Amount $3,551

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40*131

Property Sub-Type 2 to 4 Units

Property Description

Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!

Location

State MI

County Kent

Area Grand Rapids - G

Direction Burton to Palace north to home

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 2

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-17-01-452-051

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

Listed by United Realty Services LLC
agent

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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