203 Morris Avenue SE, Grand Rapids, MI 49503

$1,780,000
Property Type: Multi Family Lot Size (sq. ft.): 13,895 Status: Sold
Current Price: $1,800,000 List Date: 2/20/2019 Last Modified: 9/26/2021

Description

History abounds at the Stratford Arms Apartments, located in Heritage Hill, close to downtown Grand Rapids. This immaculate 16 unit complex has a main building with twelve one bedroom and three two bedroom units and an adjacent 2 bedroom/2 bath former caretakers house. Originally built as a bachelor apartment in 1905, much of the character remains. Each unit features leaded glass windows, hardwood floors, fireplaces(no longer working), original ceramic tile bathrooms, tall ceilings, classic wide trim, and an expansive brick courtyard. Rent includes steam heat, water, gas, and trash removal. Tenants pay their own electric. On-site coin-op laundry and tenant storage. Great layouts because they were built as apartments. The typical one bedroom features a 12x18 living room with fireplace,

Supplements: a 10x10 dining room that leads into a kitchen area, 12x12 bedroom, ample closet space, and a bathroom with tub/shower. Recent capital improvements include: newer roof, boiler, hot water heaters, exterior paint, carpet in foyers, refinished hardwood floors, circuit breakers, master keyed, recirculating pump and more.

More Information MLS# 18052059

Location & Property Info

Cross Streets: Cherry St SE Property Sub-Type: 5+ Units Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 161.81

General Property Info

New Construction: No Lot Dimensions: 0 Road Frontage: 0 Cert of Compliance: Yes Waterfront: No Basement: Yes Total # Units: 15 # of Diff Unit Floor Plans: 3 Total # Bldgs: 2 Total Approx. SqFt All Bldgs: 11124 Total Parking Spaces: 4 School District: Grand Rapids Lot Measurement: Acres Lot Square Footage: 13895 Lot Acres: 0.32 Year Built: 1905

Tax Info

Taxable Value: 338810 SEV: 507800 For Tax Year: 2018 Seller's Annual Property Tax: 17509 Tax Year: 2017 Homestead %: 0 Spec Assessment & Ty: NA Zoning: NA Tax ID #: 41-14-30-451-002

Remarks & Misc

Legal: LOT 2 BLK 2 & PART OF LOTS 3 & 6 BLK 2 COM AT SE COR SD LOT 2 TH W TO SW COR SD LOT 2 TH N 20 FT W 25 FT S 30 FT TH E TO E LINE SD LOT 6 TH N 10 FT TO BEG* MORRIS ADDITION

Status Change Info

Sold Price/SqFt: 160.01 Under Contract Date: 2019-03-04 Sold Date: 2019-04-11 Sold Price: $1,780,000

Lot Description

Corner Lot: 1 Sidewalk: 1 Wooded: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

Cable Available: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Exterior Material

Brick: 1

Roofing

Composition: 1 Metal: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Radiant: 1 Steam: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1

Driveway

Easement: 1 Paved: 1

Substructure

Partial: 1

Extras

Laundry Facility: 1 Sep Electric Meter: 1 Tenant Storage: 1

Owner Pays

Gas: 1 Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit Description: 1 bedroom Identical Units: 13 SqFt: 0 Occupied: Yes Monthly Rent: 925 Bedrooms: 1 Bathrooms: 1 A/C Unit: 1 Fireplace: 1 Range Oven: 1 Refrigerator: 1

Unit 2

Unit Description: 2 Bedroom Identical Units: 2 SqFt: 0 Occupied: Yes Monthly Rent: 1250 Bedrooms: 2 Bathrooms: 1 A/C Unit: 1 Fireplace: 1 Range/Oven: 1 Refrigerator: 1

Unit 3

Unit Description: Single Family Home SqFt: 724 Occupied: No Monthly Rent: 1500 Bedrooms: 2 Bathrooms: 2 Range/Oven: 1 A/C Unit: 1 W/D Hookup: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

County: Kent Street #: 203 Street Name: Morris Suffix: Avenue Post Direction: SE State: MI Zip Code: 49503 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $1,780,000 List Price: $1,800,000 Listing Date: 2018-10-23

Remarks Misc

Directions: SW corner of Cherry St SE & Morris Ave SE

Property Features

Exterior Material: Brick Roofing: Composition; Metal Substructure: Partial Lot Description: Corner Lot; Sidewalk; Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Laundry Facility; Sep Electric Meter; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Radiant; Steam Driveway: Easement; Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Fireplace; Range Oven; Refrigerator Unit 2: A/C Unit; Fireplace; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; W/D Hookup
Listing Office: Compass Realty Services
Listing Agent: Allison V Koetsier
IDX
Last Updated: September - 26 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.