835-865 Grand Avenue, Grand Rapids, MI 49503

$1,165,000
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

Overview

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!

Listing Details MLS# 24050269

Location Property Info

County
Kent
Street #
835-865
Street Name
Grand
Suffix
Avenue
State
MI
Zip Code
49503

General Property Info

Lot Measurement
Acres
Lot Square Footage
35022
Lot Acres
0.8
Lot Dimensions
multiple parcels
Year Built
1982
New Construction
No
Cert of Compliance
Yes
Road Frontage
242
Total # Units
8
# of Diff Unit Floor Plans
8
Total # Bldgs
2
Total Parking Spaces
13
Waterfront
No
School District
Grand Rapids
Basement
No

Tax Info

Tax ID #
41-14-19-279-016, 41-14-19-279-014
Seller's Annual Property Tax
9104
Tax Year
2023
Spec Assessment & Ty
NA
Zoning
RES
Taxable Value
0
SEV
0
For Tax Year
0
Homestead %
0

Remarks Misc

Directions
Lydia to Grand

Status Change Info

Under Contract Date
2024-11-01
Sold Date
2024-12-10

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit Description
835A
SqFt
850
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes

Unit 2

Unit Description
835B
SqFt
850
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes

Unit 3

Unit Description
835C
SqFt
850
Occupied
No
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes

Unit 4

Unit Description
835D
SqFt
850
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes

Unit 5

Unit Description
865A
SqFt
850
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes

Unit 6

Unit Description
865B
SqFt
850
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes
Full Baths
Yes

Unit 7

Unit Description
865C
SqFt
850
Occupied
Yes
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
1250

Unit 8

Unit Description
865D
SqFt
850
Occupied
Yes
Monthly Rent
1300
Bathrooms
Yes
Full Baths
Yes

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

Street Type

Paved
Yes

Util Avail at Street

Electricity Available
Yes
Natural Gas Available
Yes
Public Sewer
Yes
Public Water
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Exterior Material

Brick
Yes
Vinyl Siding
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Trash
Yes

Driveway

Paved
Yes

Substructure

Slab
Yes

Owner Pays

Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes

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
IDX
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.