Grand Rapids, MI 49503,834 Flat Street NE
$321,000
$315,000
1.9%
Est.Price: ?

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2 BD
6,969 Sqft Lot

834 Flat Street NE Grand Rapids, MI 49503

Est. payment /mo
SOLD DATE : 05/17/2024

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Key Details

Sold Price $321,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65024020524

Sold Date 05/17/24

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1930

Annual Tax Amount $2,593

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 54 X 129

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

Zoning Residential

Direction W. off Diamond on Flat St. to Home.

Interior

Interior Features Laundry Facility

Heating Forced Air, Wall/Floor Furnace

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 2.0

Waterfront no

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411420305001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Julie L Rossio of Keller Williams GR East
Bought with Grand River Realty

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David Elwood

Broker Associate | License ID: 6506045662

+1(248) 568-5958

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