Cross Streets: Wealthy St & Lake Dr
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Auction or For Sale: For Sale
New Construction: No
Lot Dimensions: 50 x 132
Road Frontage: 50
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6621
Lot Acres: 0.15
Year Built: 1926
Taxable Value: 71662
SEV: 242100
For Tax Year: 2025
Seller's Annual Property Tax: 3045
Tax Year: 2025
Homestead %: 50
Spec Assessment & Ty: N/A
Zoning: Res
Tax ID #: 41-14-32-234-020
Public Remarks: Welcome to this beautiful Eastown brick and stucco duplex located just one block from everything that Eastown has to offer. This currently owner occupied two-family home is located on a quiet street just one block in from East Grand Rapids. It is a well maintained home featuring a newer roof, newer mechanical systems, updated service panels, and many new windows. Both units are metered separately, have separate entrances, 1.5 bathrooms, and hardwood floors throughout. The owner's unit also has a sliding door leading onto a quaint deck and beautifully landscaped backyard. There is a two-stall garage, concrete driveway, and off-street parking. This is a great opportunity for an owner occupied duplex, or investment property. Market rates for a 3 bedroom apartment in the Eastown area are between $1700 and $2,000, per month, plus utilities. Call or click today to schedule your private showing.
Legal: S 50 FT OF LOT 22* B F WASHBURN S SUBDIVISION
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Electricity Connected: 1
Natural Gas Connected: 1
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
In Basement: 1
See Remarks: 1
Accessibility Features: No
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Unit #: 1
Unit Description: Owner Occupied
SqFt: 2250
Occupied: Yes
Monthly Rent: 0
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit #: 2
Unit Description: Renter Occupied
SqFt: 2250
Occupied: Yes
Monthly Rent: 1620
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
County: Kent
Street #: 507
Street Name: Glenwood
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 2702
Area: Grand Rapids - G
Status: Sold
Current Price: $479,000
List Price: $505,000
Listing Date: 2025-10-31
Directions: Wealthy St to Lake Dr, west to Glenwood Ave, south to address
Under Contract Date: 2025-12-07
Sold Date: 2025-12-19
Sold Price: $479,000
Laundry Features: In Basement; See Remarks
Exterior Material: Brick; Stucco
Roofing: Other
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Plus 30 Days
Sale Conditions: None
Unit 1: Garage; Range Oven; Refrigerator; Washer/Dryer
Unit 2: Garage; Range/Oven; Refrigerator; Washer/Dryer