22 Jefferson Avenue SE, Grand Rapids, MI 49503 (MLS# 25017431)
22 Jefferson Avenue SE, Grand Rapids, MI 49503
$1,890,000
Property Type:
Multi Family
Lot Size (sq. ft.):
6,400
Status:
Active
Current Price:
$1,890,000
List Date:
4/24/2025
Last Modified:
5/08/2025
Description
Now offering a boutique hotel consisting of 4 gorgeous suites situated in 2 historical buildings. This fully-licensed short-term rental is located in the Heritage Hill historic district of Grand Rapids, Michigan. Guests include downtown visitors, large gatherings, corporate groups, and local weekend travelers looking for a getaway. The property is zoned for a wide range of uses including owner-occupied with commercial business and nightly or yearly rentals. Each suite is unique offering tasteful finishes and incredible attention to detail. The restored buildings include many amenities: heated driveway & sidewalks, private laundry, updated mechanicals, attached garage and luxury furnishings. Walking distance to downtown events, venues, restaurants, shopping, Civic Theater,
Supplements: and library. The majority of furniture and accessories included in the sale. Financials available upon request. The owners have put a lot of heart, creativity and investment into this and made it one of the best places to stay in West Michigan! This property jogs your own creativity for your investment purposes! A turn-key opportunity in West Michigan!
More Information MLS# 25017431
Location Property Info
County: Kent
Street #: 22
Street Name: Jefferson
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Active
Current Price: $1,890,000
List Price: $1,890,000
Listing Date: 2025-04-17
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6400
Lot Acres: 0.15
Lot Dimensions: 50x128
Year Built: 1900
New Construction: No
Financial Comments: Seller would consider financing
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-02-01
Road Frontage: 50
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-30-326-004
Taxable Value: 263720
SEV: 291900
For Tax Year: 2025
Annual Property Tax: 13265
Tax Year: 2024
Zoning: TN-TCC
Remarks Misc
Directions: South off Fulton to property
Access Feat
Accessibility Features: No
Unit 1
Unit Description: Barlow- Lower house
SqFt: 1615
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Maple - 2/3 house
SqFt: 2962
Occupied: Yes
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 3
Unit Description: Lehigh - Building
SqFt: 1800
Occupied: Yes
Bedrooms: 3
Bathrooms: 3
Full Baths: 3
Unit 4
Unit Description: Drumlin - Building
SqFt: 1500
Occupied: Yes
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Property Features
Laundry Features: Common Area; In Unit; Lower Level; See Remarks; Upper Level
Exterior Material: Block; Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Broadband; Electricity Available; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Extras: Laundry Facility
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Shared Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Plus 30 Days
Sale Conditions: None
Unit 1: Central Air; Dishwasher; Range Oven; Refrigerator; Washer/Dryer
Unit 2: A/C Unit; Central Air; Dishwasher; Garage; Range/Oven; Refrigerator; Sep. Heat System
Unit 3: Range/Oven; A/C Unit; Dishwasher; Refrigerator; Washer/Dryer
Unit 4: A/C Unit; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer
Listing Office: EXP Realty (Grand Rapids)
Listing Agent: Jodi Smith
Last Updated: May - 08 - 2025
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