447 Wealthy Street SE, Grand Rapids, MI 49503

$1,300,000
Property Type: Multi Family Lot Size (sq. ft.): 6,534 Status: Sold
Current Price: $1,300,000 List Date: 6/07/2019 Last Modified: 11/26/2022

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

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

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

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

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
IDX
Listing Office: Bluhouse Properties LLC - I
Listing Agent: Ryan J Ogle
Source MLS Verified
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.