125 Griggs SW Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24015903
Year Built 1929
Annual Tax Amount $1,457
Tax Year 2024
Lot Size 7,013 Sqft
Acres 0.16
Lot Dimensions 50' x 140'
Property Description
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981
Location
State MI
County Kent
Area Grand Rapids - G
Direction North off Burton on Division, west off Division on Griggs to 125 Griggs SW.
Rooms
Basement Full
Interior
Heating Gravity,Space Heater
Fireplaces Number 1
Exterior
Garage Concrete,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Parking Type Concrete,Driveway
Building
Lot Description Level
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-17-01-429-034
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional