506 Burton SW Street new 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 24056956
Year Built 1900
Annual Tax Amount $3,779
Tax Year 2023
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 100' X 100'
Property Description
This professionally managed, turn-key 3 unit rental is in good shape and priced to sell. It features a private parking lot for up to 8 vehicles in addition to a nice two stall garage currently being rented separately.
It has a new city certification and is located next to shops and restaurants in the Burton Heights neighborhood.
All the units are up to code and all are occupied. You can see that many updates have been made to this property over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop in front.
This is a must see for any serious multi-family property buyer.
Location
State MI
County Kent
Area Grand Rapids - G
Direction When heading north or south on 131 exit 82A and head east until you reach the first street on the right labeled Towner AVE SW. The property is located on the southeastern corner of the intersection.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Garage Paved
Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer,Broadband
Waterfront No
View Y/N No
Roof Type Composition
Parking Type Paved
Total Parking Spaces 3
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-17-12-129-011
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional