203 Morris Avenue SE, Grand Rapids, MI 49503 (MLS# 18052059)

203 Morris Avenue SE, Grand Rapids, MI 49503

$1,780,000

Property Type: Multi Family Lot Size (sq. ft.): 13,895 Status: Sold

Current Price: $1,780,000 List Date: 2/20/2019 Last Modified: 9/26/2021

Overview

Description

History abounds at the Stratford Arms Apartments, located in Heritage Hill, close to downtown Grand Rapids. This immaculate 16 unit complex has a main building with twelve one bedroom and three two bedroom units and an adjacent 2 bedroom/2 bath former caretakers house. Originally built as a bachelor apartment in 1905, much of the character remains. Each unit features leaded glass windows, hardwood floors, fireplaces(no longer working), original ceramic tile bathrooms, tall ceilings, classic wide trim, and an expansive brick courtyard. Rent includes steam heat, water, gas, and trash removal. Tenants pay their own electric. On-site coin-op laundry and tenant storage. Great layouts because they were built as apartments. The typical one bedroom features a 12x18 living room with fireplace,

Supplements: a 10x10 dining room that leads into a kitchen area, 12x12 bedroom, ample closet space, and a bathroom with tub/shower. Recent capital improvements include: newer roof, boiler, hot water heaters, exterior paint, carpet in foyers, refinished hardwood floors, circuit breakers, master keyed, recirculating pump and more.

Listing Details MLS# 18052059

Location Property Info

County: Kent
Street #: 203
Street Name: Morris
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503

General Property Info

Lot Measurement: Acres
Lot Square Footage: 13895
Lot Acres: 0.32
Year Built: 1905
New Construction: No
Cert of Compliance: Yes
Total # Units: 15
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 11124
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Lot Dimensions: No
Road Frontage: 0
Basement: Yes

Tax Info

Tax ID #: 41-14-30-451-002
Taxable Value: 338810
SEV: 507800
For Tax Year: 2018
Seller's Annual Property Tax: 17509
Tax Year: 2017
Spec Assessment & Ty: NA
Zoning: NA
Homestead %: 0

Remarks Misc

Directions: SW corner of Cherry St SE & Morris Ave SE

Status Change Info

Under Contract Date: 2019-03-04
Sold Date: 2019-04-11
Sold Price/SqFt: 160.01

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 1 bedroom
Identical Units: 13
Occupied: Yes
Monthly Rent: 925
Bathrooms: Yes
SqFt: 0
A/C Unit: Yes
Fireplace: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit Description: 2 Bedroom
Identical Units: 2
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
SqFt: 0
A/C Unit: Yes
Fireplace: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit Description: Single Family Home
SqFt: 724
Occupied: No
Monthly Rent: 1500
Bathrooms: 2
Range/Oven: Yes
A/C Unit: Yes
W/D Hookup: Yes

Location & Property Info

Cross Streets: Cherry St SE
Property Sub-Type: 5+ Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 161.81

Remarks & Misc

Legal: LOT 2 BLK 2 & PART OF LOTS 3 & 6 BLK 2 COM AT SE COR SD LOT 2 TH W TO SW COR SD LOT 2 TH N 20 FT W 25 FT S 30 FT TH E TO E LINE SD LOT 6 TH N 10 FT TO BEG* MORRIS ADDITION

Lot Description

Corner Lot: Yes
Sidewalk: Yes
Wooded: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: 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

Roofing

Composition: Yes
Metal: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Radiant: Yes
Steam: Yes

Tenant Pays

Electric: Yes

Driveway

Easement: Yes
Paved: Yes

Substructure

Partial: Yes

Extras

Laundry Facility: Yes
Sep Electric Meter: Yes
Tenant Storage: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Exterior Material: Brick Roofing: Composition; Metal Substructure: Partial Lot Description: Corner Lot; Sidewalk; Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Laundry Facility; Sep Electric Meter; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Radiant; Steam Driveway: Easement; Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Fireplace; Range Oven; Refrigerator Unit 2: A/C Unit; Fireplace; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; W/D Hookup

Listing Office: Compass Realty Services

Listing Agent: Allison V Koetsier

Last Updated: September - 26 - 2021

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