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152 College Avenue Grand Rapids, MI 49503-3420
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Key Details
Sold Price $624,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,641 sqft
Price per Sqft $171
Subdivision Mi
MLS Listing ID 70252185
Sold Date 05/31/22
Year Built 1880
Annual Tax Amount $9,042
Tax Year 2021
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions Irregular
Property Description
Don't miss out on this great investment opportunity in a prime location and consistently fully rented. This six unit property had a recent exterior facelift with fresh paint and landscaping. Located in the Heritage Hill district it is full of character and charm. Residents enjoy a short stroll downtown for food, shopping, and more. Current leases are below market rate in Grand Rapids, especially for the location, leaving room for a potential increase in income. Containing five 1-bedroom/1-bath units and one studio with full bath, as well as 3 on property parking spaces and plenty of on street parking, this is a fantastic opportunity! Limited showings available; schedule yours today!
Location
State MI
County Kent
Area Update
Interior
Heating Hot Water
Exterior
Exterior Feature Brick, Wood
Building
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Greenridge Realty (EGR)