$211,000
Grand Rapids, MI 49504
MLS# 21113255
Status: Sold
1 / 19
Property Description
Great investment opportunity in a prime location on the NW side! Just minutes from the highway, downtown, entertainment/night life, medical mile, etc. Several updates have been made in the past 15 years. Two units, each with 2bd/1ba. Lower unit approx 925 SqFt, hickory hardwood floors throughout. Upper unit approx 875 SqFt with carpeted LR and BR's. Tile flooring in kitchen and bathroom. Replacement vinyl windows. Updated electrical. Off street parking available. Both units are currently occupied. Seller is a licensed agent in the State of Michigan.
Details
Maps
Documents
Location & Property Info
Cross Streets: Between Broadway & Turner
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 105.5
General Property Info
New Construction: No
Lot Dimensions: 35x60
Financial Available: Yes
Financial Comments: Upon Request
Road Frontage: 35
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2025-09-28
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1800
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 2091
Lot Acres: 0.05
Year Built: 1880
Tax Info
Taxable Value: 53843
SEV: 60200
For Tax Year: 2021
Seller's Annual Property Tax: 2822
Tax Year: 2020
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: RES
Tax ID #: 41-13-24-180-010
Remarks & Misc
Public Remarks: Great investment opportunity in a prime location on the NW side! Just minutes from the highway, downtown, entertainment/night life, medical mile, etc. Several updates have been made in the past 15 years. Two units, each with 2bd/1ba. Lower unit approx 925 SqFt, hickory hardwood floors throughout. Upper unit approx 875 SqFt with carpeted LR and BR's. Tile flooring in kitchen and bathroom. Replacement vinyl windows. Updated electrical. Off street parking available. Both units are currently occupied. Seller is a licensed agent in the State of Michigan.
Legal: W 35 FT OF LOT 3 BLK 13* SMITH & VAN ALLEN S ADDITION
Status Change Info
Sold Price/SqFt: 117.22
Under Contract Date: 2021-11-07
Sold Date: 2021-12-03
Sold Price: $211,000
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Sidewalk: 1
Income and Expenses
Annual Insurance: 691
Annual Maintenance: 1000
Annual Mgmt. Fees: 2094
Annual Utilities: 1000
Gross Op. Inc.: 20940
Net Operating Income: 15940
Operating Expense: 5000
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Exterior Material
Aluminum Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Concrete: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 925
Occupied: Yes
Monthly Rent: 895
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 875
Occupied: Yes
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 411
Street Name: Seventh
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
OfficeContract Info
Status: Sold
Current Price: $211,000
List Price: $189,900
Listing Date: 2021-11-01
Remarks Misc
Directions: US-131 Leonard Exit, West on Leonard, South on Turner, West on Seventh St to home. Or I-196 to Ottawa/Downtown exit, W on Michigan Ave, North on Broadway, East on Seventh St to home.
Property Features
Exterior Material: Aluminum Siding
Roofing: Composition
Substructure: Michigan Basement
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; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Forced Air
Driveway: Concrete
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Sep. Heat System
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Lead-Based Paint Disclosure 
Listing Office: RE/MAX of Grand Rapids (FH)
Listing Agent: Chad N Sonksen
Last Updated: March - 20 - 2026
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