$279,900
Grand Rapids, MI 49507
MLS# 25056230
Status: Pending
1 / 25
Property Description
Back on the market due to buyer financing falling through. This well-maintained and updated property is a turnkey investment that has generated over $3,000 in monthly income. Conveniently located and within walking distance to shops, restaurants, and local amenities, this property attracts reliable tenants and is easy to rent. Unit 1 features 2 bedrooms, while Unit 2 offers 3 bedrooms—both with independent access. Each unit is separately metered, with tenants paying all utilities, keeping operating costs low. Additional highlights include off-street parking, modern updates throughout, and a strong rental history. A perfect choice for investors seeking steady cash flow, excellent location, and low-maintenance ownership! Schedule your appointment today.
Details
Maps
Location & Property Info
Cross Streets: Sutton/Division
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
On-Market Date: 2025-11-03
Auction or For Sale: For Sale
List Price/SqFt: 133.29
General Property Info
New Construction: No
Lot Dimensions: 40 x 124
Road Frontage: 40
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2028-10-04
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2100
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4966
Lot Acres: 0.11
Year Built: 1912
Tax Info
Taxable Value: 91900
SEV: 91900
For Tax Year: 2025
Seller's Annual Property Tax: 4160.42
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Residential
Tax ID #: 41-17-12-230-047
Remarks & Misc
Public Remarks: Back on the market due to buyer financing falling through. This well-maintained and updated property is a turnkey investment that has generated over $3,000 in monthly income. Conveniently located and within walking distance to shops, restaurants, and local amenities, this property attracts reliable tenants and is easy to rent. Unit 1 features 2 bedrooms, while Unit 2 offers 3 bedrooms—both with independent access. Each unit is separately metered, with tenants paying all utilities, keeping operating costs low. Additional highlights include off-street parking, modern updates throughout, and a strong rental history. A perfect choice for investors seeking steady cash flow, excellent location, and low-maintenance ownership! Schedule your appointment today.
Legal: LOT 65* KIRTLAND S SECOND ADDITION
Street Type
Public: 1
Util Avail at Street
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Concrete: 1
Substructure
Full: 1
Extras
Garages: 1
Owner Pays
Water: 1
Unit 1
Unit #: 1
Unit Description: Downstair Unit
SqFt: 1100
Occupied: Yes
Monthly Rent: 1350
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Upstair Unit
SqFt: 1050
Occupied: No
Monthly Rent: 1750
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 29
Street Name: Sutton
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49507
Zip (4): 2930
OfficeContract Info
Status: Pending
Current Price: $279,900
List Price: $279,900
Listing Date: 2025-10-27
Remarks Misc
Directions: 131 to Division to Sutton
Status Change Info
Under Contract Date: 2026-02-15
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Concrete
Street Type: Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Listing Office: Success Realty West Michigan
Listing Agent: Melisa Utz
Last Updated: March - 01 - 2026
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.