$321,000
$315,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
834 Flat NE Street Grand Rapids, MI 49503
6,970 Sqft Lot
Key Details
Sold Price $321,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24020524
Year Built 1930
Annual Tax Amount $2,593
Tax Year 2023
Lot Size 6,970 Sqft
Property Description
Welcome to your next investment opportunity. This all-brick two-unit property on a double lot is an exceptional chance for both investors and owner occupiers alike. Situated conveniently close to downtown and the medical mile, its location is primed for convenience and growth. The 2 bedroom, 1 bath upper unit boasts a recent makeover including an all new kitchen, paint and flooring and is currently unoccupied with a projected rent of 1400 per month. The 3 bedroom, 1 bath lower unit hosts a long term month to month tenant. Severely under market rent rate, projected rent to be 1600-1700. Separate gas and electric is an added bonus. There is a potential growth opportunity on the additional adjacent lot at 630 Emerald.
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Wall Furnace, Forced Air, Natural Gas
Fireplaces Number 1
Laundry In Basement
Exterior
Garage Paved
Utilities Available Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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