Grand Rapids, MI 49507,125 Griggs SW Street
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$ 199,900
Est. payment | /mo

7,013 Sqft Lot


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$ 199,900
Est. payment | /mo
Save

7,013 Sqft Lot

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

Listed by Five Star Real Estate (Grandv)
agent-avatar

+1(734) 770-0364

cody@soldbycody.homes

2750 S State St, Ann Arbor, MI, 48104, USA

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125 Griggs SW Street