Property Type:
Multi Family
Lot Size (sq. ft.):
35,022
Status:
Sold
Current Price:
$1,200,000
List Date:
9/23/2024
Last Modified:
1/30/2025
835-865 Grand Avenue, Grand Rapids, MI 49503
$1,165,000
Description
Rare investment opportunity just a short drive to downtown Grand Rapids! These two apartment buildings consist of 8 turnkey two-bedroom, one- bathroom units. The units are consistently rented, and leases are on a month-to-month basis, offering flexibility for future owners. The properties can also be purchased separately. See MLS #24050259 and #24050262. The two buildings offer plenty of off-street parking with a large parking lot. Call today to set up your private showing!
More Information MLS# 24050269
Location & Property Info
Cross Streets: Lydia and Grand
Property Sub-Type: 5+ Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: multiple parcels
Road Frontage: 242
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 13
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 35022
Lot Acres: 0.8
Year Built: 1982
Tax Info
Taxable Value: 0
SEV: 0
For Tax Year: 0
Seller's Annual Property Tax: 9104
Tax Year: 2023
Homestead %: 0
Spec Assessment & Ty: NA
Zoning: RES
Tax ID #: 41-14-19-279-016, 41-14-19-279-014
Street Type
Paved: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Brick: 1
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Paved: 1
Substructure
Slab: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit Description: 835A
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 835B
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 835C
SqFt: 850
Occupied: No
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 835D
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 865A
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 865B
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: 865C
SqFt: 850
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Monthly Rent: 1250
Unit 8
Unit Description: 865D
SqFt: 850
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 835-865
Street Name: Grand
Suffix: Avenue
State: MI
Zip Code: 49503
OfficeContract Info
Status: Sold
Current Price: $1,165,000
List Price: $1,200,000
Listing Date: 2024-09-23
Remarks Misc
Directions: Lydia to Grand
Status Change Info
Under Contract Date: 2024-11-01
Sold Date: 2024-12-10
Sold Price: $1,165,000
Property Features
Exterior Material: Brick; Vinyl Siding
Substructure: Slab
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: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office:
Five Star Real Estate (Ada)
Listing Agent:
Lauren Karsten
Last Updated: January - 30 - 2025
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.
