Property Type:
Multi Family
Lot Size (sq. ft.):
28,896
Status:
Sold
Current Price:
$2,300,000
List Date:
8/30/2021
Last Modified:
9/01/2021
28 Lafayette Avenue NE, Grand Rapids, MI 49503
$2,300,000
Description
Fabulous Heritage Hill Rental Property. Two Buildings, 28 Lafayette with 12 units and 22 Lafayette with 2 units. Completely renovated starting in 2012. Over 600,000 lbs of interior materials removed... gutted to the bricks, with all new everything. All units are heated and cooled separately. Interiors include Brazilian Chestnut Hardwood floors, Granite counter-tops, High- end lighting, all new custom windows, custom blinds. No detail was left undone. Each unit is different and unique. 28 Lafayette features custom built-in closets. The grounds were professionally landscaped, with brick retaining walls, underground sprinkling, spectacular exterior lighting.
Information of units is not provided.
More Information MLS# 21103242
Location & Property Info
Cross Streets: Lafayette and Fulton
Property Sub-Type: 5+ Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 228.97
General Property Info
New Construction: No
Lot Dimensions: 168 X 172
Road Frontage: 168
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2021-09-15
Waterfront: No
Basement: Yes
Total # Units: 14
# of Diff Unit Floor Plans: 14
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 10045
Total Parking Spaces: 17
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 28896
Lot Acres: 0.66
Year Built: 1880
Tax Info
Taxable Value: 498764
SEV: 765600
For Tax Year: 2021
Seller's Annual Property Tax: 26059
Tax Year: 2021
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: residential
Tax ID #: 411430184022
Remarks & Misc
Legal: Lots 14 & 15 BLK 4* KENDALL'S ADDITION
Status Change Info
Sold Price/SqFt: 228.97
Under Contract Date: 2021-07-10
Sold Date: 2021-08-30
Sold Price: $2,300,000
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Land Contract: 1
Mineral Rights
Unknown: 1
Exterior Material
Brick: 1
Stone: 1
Other: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Asphalt: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 28 no 1
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 2
Unit #: 1
Unit Description: 28 no 2
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 3
Unit #: 2
Unit Description: 28 no 3
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bathrooms: 1
Unit 4
Unit #: 4
Unit Description: 28 no 4
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 5
Unit #: 5
Unit Description: 28 no 5
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 6
Unit #: 6
Unit Description: 28 no 6
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 7
Unit #: 7
Unit Description: 28 no 7
SqFt: 0
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Monthly Rent: 0
Unit 8
Unit #: 8
Unit Description: 28 no 8
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bathrooms: 1
Unit 9
Unit #: 9
Unit Description: 28 no 9
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 10
Unit #: 10
Unit Description: 28 no 10
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 11
Unit #: 11
Unit Description: 28 no 11
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Unit 12
Unit #: 12
Unit Description: 28 no 12
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 28
Street Name: Lafayette
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $2,300,000
List Price: $2,300,000
Listing Date: 2021-07-10
Remarks Misc
Directions: N off Fulton on the E side of Lafayette
Property Features
Exterior Material: Brick; Stone; Other
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Electric
Heat Type: Baseboard
Air Conditioning: Central Air
Driveway: Asphalt
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Land Contract
Possession: Close Of Escrow
Sale Conditions: None
Listing Office:
MLM Realty LLC - I
Listing Agent:
Mary L Mishler
Last Updated: September - 01 - 2021
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