Properties for sale in Michigan

Overview

Description

Discover this quintessential Grand Rapids duplex, perfectly positioned in the heart of the vibrant Wealthy Street corridor. Located at 314 Fuller SE, this historic gem offers a blend of classic character and investment potential. Both units are fully occupied, providing immediate rental income. With one lease ending in August and one in October, this is a perfect opportunity for a fall move-in or a portfolio addition. Each side exudes curb appeal and craftsmanship, situated just steps from the neighborhood's premier coffee shops, boutiques, and local dining. Don't miss the chance to own a piece of real estate in one of the city's most walkable locations!

Location Property Info

County: Kent
Street #: 314
Street Name: Fuller
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 1640

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6011
Lot Acres: 0.14
Lot Dimensions: 50 * 120
Year Built: 1890
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-01-08
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Basement: Yes

Tax Info

Tax ID #: 41-14-29-453-011
Taxable Value: 138682
SEV: 178900
For Tax Year: 2025
Seller's Annual Property Tax: 5745.17
Tax Year: 2025
Homestead %: 50
Spec Assessment & Ty: N/A
Zoning: n/a

Remarks Misc

Directions: From 131 East on Wealthy, North on Fuller, property is on the right.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: 1st floor
SqFt: 960
Occupied: Yes
Monthly Rent: 1650
Bathrooms: Yes
Full Baths: Yes
Fireplace: Yes
Garage: Yes

Unit 2

Unit #: 2
Unit Description: 2nd floor
SqFt: 1000
Occupied: Yes
Monthly Rent: 1650
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: Wealthy and Fuller
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Discover this quintessential Grand Rapids duplex, perfectly positioned in the heart of the vibrant Wealthy Street corridor. Located at 314 Fuller SE, this historic gem offers a blend of classic character and investment potential. Both units are fully occupied, providing immediate rental income. With one lease ending in August and one in October, this is a perfect opportunity for a fall move-in or a portfolio addition. Each side exudes curb appeal and craftsmanship, situated just steps from the neighborhood's premier coffee shops, boutiques, and local dining. Don't miss the chance to own a piece of real estate in one of the city's most walkable locations!
Legal: LOT 11 BLK 1* H D CARPENTER S ADDITION

Street Type

Paved: Yes

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

None: Yes

Substructure

Full: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Exterior Material: Wood Siding Roofing: Composition Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Street Type: Paved Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Fireplace; Garage

314 Fuller Avenue SE, Grand Rapids, MI 49506