835-865 Grand Avenue, Grand Rapids, MI 49503 (MLS# 24050269)

835-865 Grand Avenue, Grand Rapids, MI 49503

$1,165,000

Property Type: Multi Family Lot Size (sq. ft.): 35,022 Status: Sold

Current Price: $1,165,000 List Date: 9/23/2024 Last Modified: 1/30/2025

Overview

Description

Rare investment opportunity just a short drive to downtown Grand Rapids! These two apartment buildings consist of 8 turnkey two-bedroom, one- bathroom units. The units are consistently rented, and leases are on a month-to-month basis, offering flexibility for future owners. The properties can also be purchased separately. See MLS #24050259 and #24050262. The two buildings offer plenty of off-street parking with a large parking lot. Call today to set up your private showing!

Listing Details MLS# 24050269

Location Property Info

County: Kent
Street #: 835-865
Street Name: Grand
Suffix: Avenue
State: MI
Zip Code: 49503

General Property Info

Lot Measurement: Acres
Lot Square Footage: 35022
Lot Acres: 0.8
Lot Dimensions: multiple parcels
Year Built: 1982
New Construction: No
Cert of Compliance: Yes
Road Frontage: 242
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 13
Waterfront: No
School District: Grand Rapids
Basement: No

Tax Info

Tax ID #: 41-14-19-279-016, 41-14-19-279-014
Seller's Annual Property Tax: 9104
Tax Year: 2023
Spec Assessment & Ty: NA
Zoning: RES
Taxable Value: 0
SEV: 0
For Tax Year: 0
Homestead %: 0

Remarks Misc

Directions: Lydia to Grand

Status Change Info

Under Contract Date: 2024-11-01
Sold Date: 2024-12-10

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 835A
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 835B
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 835C
SqFt: 850
Occupied: No
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit Description: 835D
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit Description: 865A
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: 865B
SqFt: 850
Occupied: Yes
Monthly Rent: 1250
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: 865C
SqFt: 850
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 1250

Unit 8

Unit Description: 865D
SqFt: 850
Occupied: Yes
Monthly Rent: 1300
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: Lydia and Grand
Property Sub-Type: 5+ Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale

Street Type

Paved: Yes

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: 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
Vinyl Siding: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Paved: Yes

Substructure

Slab: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Exterior Material: Brick; Vinyl Siding Substructure: Slab Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Paved Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None

Listing Office: Five Star Real Estate (Ada)

Listing Agent: Lauren Karsten

Last Updated: January - 30 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.