Homes for sale - 852 3rd Street NW, Grand Rapids, MI 49504

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$ 259,000

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852 3rd Street NW Grand Rapids, MI 49504

2 Beds

2,613 Sqft Lot

UPDATED:

11/27/2024 06:45 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65024055932

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1896

Annual Tax Amount $3,596

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 32 x 79.5

Property Description

Discover this fantastic 2-unit multifamily property on the desirable northwest side of Grand Rapids! Just a short stroll from the vibrant Bridge Street scene, you'll find an array of restaurants, breweries, and the Bridge Street Market grocery store, making this location a perfect blend of convenience and urban living.This well-maintained property features two leased units, offering immediate income potential. The lower unit boasts a spacious 3-bedroom, 1-bath layout, currently leased for $1,700 per month. Recently renovated, it features a modern updated kitchen and updated bathroom with new tub, toilet and vanity. Fresh paint, and new flooring throughout providing a stylish and comfortable living space.The upper unit, a cozy 1-bedroom, 1-bath, is leased for $1,150 per month.Each unit has separate utility meters and furnaces, ensuring easy management for the owner.

Located close to Grand Valley State University's downtown campus and conveniently near a bus line to the Allendale campus, this property is ideal for students and young professionals alike. Whether you're an investor seeking a turnkey rental or looking to live in one unit while generating income from the other, this multifamily gem is a must-see. Don't miss your chance to own a piece of this thriving community!

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction From HWY 196, get off at the Lane Ave exit. Turn north on Lane Ave. Turn right on 3rd St NW. Home is on the right.

Interior

Interior Features Laundry Facility

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Roof Type Composition

Road Frontage Paved

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Aluminum

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411323477009

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by C. Scott Hunt of Weichert REALTORS Plat (Main)

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852 3rd Street NW Grand Rapids, MI 49504

Key Details

Location

Interior

Exterior

Building

Schools

Others

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852 3rd Street NW