Grand Rapids, MI 49503,227 James SE Avenue
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Grand Rapids, MI 49503,227 James SE Avenue,Video Tour
Grand Rapids, MI 49503,227 James SE Avenue
Grand Rapids, MI 49503,227 James SE Avenue
Grand Rapids, MI 49503,227 James SE Avenue
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$ 480,000
Est. payment /mo
Price Dropped by $10K

227 James SE Avenue Grand Rapids, MI 49503

5,924 Sqft Lot


UPDATED:

11/07/2024 03:24 PM

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 24042802

Year Built 1890

Annual Tax Amount $8,451

Tax Year 2024

Lot Size 5,924 Sqft

Acres 0.14

Lot Dimensions 45x132

Property Description

Motivated seller. Price dropped significantly below market value. House to be taken off the market at Thanksgiving and relisted at market price in spring.
Conservative estimate for renting the 1 bedroom unit on Airbnb is 40k annually! Live for FREE in a 5 bedroom historic home in just a short walk from the wealthy corridor! This Could be Grand Rapids Finest Legal Airbnb! (City of GR restricts Short Term Rentals to just one bedroom in an already owner occupied dwelling.) This incredible home has a fully functioning 1 bedroom apartment directly attached!
A lot of love and care has gone into remodeling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island. Original light fixtures throughout. Easy to convert back to single family. Lots of room to build a garage with plenty of off street parking Original light fixtures throughout. Easy to convert back to single family. Lots of room to build a garage with plenty of off street parking

Location

State MI

County Kent

Area Grand Rapids - G

Direction From 131, East on Cherry Street, South on James St., Property is on west side of James St.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Fireplaces Number 1

Exterior

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

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 4

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-30-476-017

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by AARE

Karen Austin

Broker Associate

+1(517) 290-4493

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227 James SE Avenue