Property Type:
Multi Family
Lot Size (sq. ft.):
6,534
Status:
Sold
Current Price:
$1,350,000
List Date:
6/07/2019
Last Modified:
11/26/2022
447 Wealthy Street SE, Grand Rapids, MI 49503
$1,300,000
Overview
Description
Iconic heritage hill 14 unit property for sale. These two 7 unit all brick buildings are comprised of large 2 bedroom units. With prime location and increasing area rents this investment offering will supply a solid return. The buildings major mechanical's, interior, exterior and grounds have been meticulously kept. This is a landmark property and a profitable investment. Message us for a private showing.
Listing Details MLS# 19025734
Location Property Info
- County
- Kent
- Street #
- 447
- Street Name
- Wealthy
- Suffix
- Street
- Post Direction
- SE
- State
- MI
- Zip Code
- 49503
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 6534
- Lot Acres
- 0.15
- Lot Dimensions
- .15
- Year Built
- 1923
- New Construction
- No
- Cert of Compliance
- Yes
- Road Frontage
- 180
- Total # Units
- 14
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- 2
- Waterfront
- No
- School District
- Grand Rapids
- Basement
- Yes
- Total Parking Spaces
- 0
Tax Info
- Tax ID #
- 411430452039
- Taxable Value
- 222865
- SEV
- 466900
- For Tax Year
- 2019
- Seller's Annual Property Tax
- 11529
- Tax Year
- 2018
- Spec Assessment & Ty
- N/A
- Zoning
- TBA
- Homestead %
- 0
Remarks Misc
- Directions
- From US-131, East on Wealthy Street, just past Morris.
Status Change Info
- Under Contract Date
- 2019-06-20
- Sold Date
- 2019-07-17
More Information
Access Feat
- Accessibility Features
- No
Unit 1
- Unit Description
- 447 Wealthy unit 1
- SqFt
- 1000
- Occupied
- Yes
- Monthly Rent
- 895
- Bathrooms
- 2
- Range Oven
- Yes
- Refrigerator
- Yes
Unit 2
- Unit Description
- 447 wealthy unit 2-7
- SqFt
- 800
- Occupied
- Yes
- Monthly Rent
- 910
- Bathrooms
- 2
Unit 3
- Unit Description
- 353 College unit 1-7
- SqFt
- 900
- Occupied
- Yes
- Monthly Rent
- 980
- Bathrooms
- 2
Location & Property Info
- Cross Streets
- College & Wealthy
- Property Sub-Type
- 5+ Units
- Area
- Grand Rapids - G
- Municipality
- City of Grand Rapids
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Legal
- LOT 38 BLK 1* MORRIS ADDITION
Util Avail at Street
- High Speed Internet
- Yes
- Public Sewer
- Yes
- Storm Sewer
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Exterior Material
- Brick
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Radiant
- Yes
Tenant Pays
- Electric
- Yes
- Trash
- Yes
Substructure
- Full
- Yes
Extras
- Laundry Facility
- Yes
- Sep Electric Meter
- Yes
- Sep Gas Meter
- Yes
- Tenant Storage
- Yes
Owner Pays
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Subject To Tenant Rights
- Yes
Property Features
Exterior Material:
Brick
Substructure:
Full
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street:
High Speed Internet; Public Sewer; Storm Sewer
Extras:
Laundry Facility; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays:
Gas; Sewer; Trash Collection; Water
Tenant Pays:
Electric; Trash
Heat Source:
Natural Gas
Heat Type:
Radiant
Terms Available:
Cash; Conventional
Possession:
Subject To Tenant Rights
Sale Conditions:
None
Unit 1:
Range Oven; Refrigerator
Listing Office:
Bluhouse Properties LLC - I
Listing Agent:
Ryan J Ogle
Last Updated: November - 26 - 2022
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.
