$225,000
Grand Rapids, MI 49504
MLS# 20022119
Status: Sold
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Property Description
Duplex with excellent rental history. Prime location on extra large city lot. 2 units with ample parking and long time tenants in place. Amazing Grand Rapids opportunity for investor to step into an income generating property.
Details
Maps
Location Property Info
County: Kent
Street #: 1551
Street Name: Broadway
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $225,000
List Price: $239,000
Listing Date: 2020-06-15
General Property Info
Lot Measurement: Acres
Lot Square Footage: 7231
Lot Acres: 0.17
Lot Dimensions: 63*115
Year Built: 1920
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2022-01-01
Road Frontage: 63
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2010
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 411313328024
Taxable Value: 56656
SEV: 55600
For Tax Year: 2019
Seller's Annual Property Tax: 2967.03
Tax Year: 2019
Spec Assessment & Ty: none
Zoning: Residential
Remarks Misc
Directions: LEONARD TO BRIDGE NW
Status Change Info
Under Contract Date: 2020-08-28
Sold Date: 2020-09-28
Sold Price: $225,000
Sold Price/SqFt: 111.94
Access Feat
Accessibility Features: No
Unit 1
Unit Description: lower
SqFt: 1005
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 3
Bathrooms: 1
Unit 2
Unit #: 2
Unit Description: upper
SqFt: 1005
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 3
Bathrooms: 1
Property Features
Exterior Material: Other
Roofing: Composition
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Laundry Facility
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Electric; Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Listing Office: Keller Williams GR North (Main)
Listing Agent: Brenda Pratt
Last Updated: January - 12 - 2026
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