Sue Welling - Coldwell Banker Weir Manuel Hoppough
2052 Division Avenue S
Grand Rapids, MI 49507

$135,000

Description

4 unit property with long term tenants and easy rental. This is currently being used as a rental, multi family, but this property can also be used as a commercial property for some type of business. The property does needs work, so rents are low.Please note this when looking at the property. However with some updates and repairs you can get higher rents.This area is a very high traffic area. Units area always rented. Utilities, Gas and water are not split. Electric is split in half, two units on each. Parking for this property is in back for tenants or business. looking at all reasonable offers. Motivated to sell Rents are as follows : Unit A $470, Unit B $500, Unit C $525, Unit D $480. Please verify all information with city.

Details

MLS#18028449
StyleRetail
Sub-TypeResale
StatusActive
Year1900
Days On Site195

Features

Story(s)1

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Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49507
AreaGrand Rapids - G
Listing VS Median (in 49507)
Price:
$135,000
low | high
Med:
$119,950
61.148148148148% of Average
On Site:
195
low | high
Med:
33.500000
100% of Average
Listing Updated: 01/17/2019
MLS Number: 18028449
Listing Provided By:
Hector Diaz  of  Independence Realty (Main)
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.