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Danny Dedic

info@dedicatedrealtygroup.com +1(586) 855-6672

$ 845,000

Est. payment | -/mo

5,044 SqFt

Save

$ 845,000

Est. payment | -/mo

Save

5,044 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 5,044 sqft

Price per Sqft $167

MLS Listing ID 65026045679

Year Built 1891

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type MultiFamily

Property Description

A rare investment opportunity in the heart of historic Heritage Hill! This stunning five-unit property offers five generously sized one-bedroom, one-bath residences, each approximately 1,000 sf located on a tree-lined street. Beautiful historic character blends seamlessly with thoughtfully updated interiors, with units refreshed in 2022 and attractive finishes throughout. Situated on an extraordinary quadruple lot with an assessed land value exceeding $710,000, the property features an expansive fenced yard, three garage spaces and approximately 10 additional parking spaces - an exceptional amenity in this highly desirable neighborhood. All five units are currently leased, including the garage spaces, providing immediate rental income for the next owner. The property has been newly certified by the City of Grand Rapids for another six years through 2032, offering added confidence and convenience for the next owner. Located next to GRCC, just minutes to accessible downtownGrand Rapids. With convenient access to restaurants, entertainment, medical facilities, universities and everything the city has to offer. A truly distinctive combination of location, land, historic appeal and income-producing potential. One unit could be potentially owner occuopied. Showings only upon appointment (showing window) for pre-approved, serious buyers.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Laundry InBasement

Exterior

Parking Features Garage, Paved

Community Features Sidewalks

Utilities Available NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Lot Description Wooded

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Ingrid C Anastasiu of Keller Williams GR East

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(586) 855-6672

info@dedicatedrealtygroup.com

450 Fountain ST NE City Of Grand Rapids, MI 49503