$164,900
Grand Rapids, MI 49507
MLS# 20039930
Status: Sold
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Property Description
Cash Flow Positive 2 family unit in SE GR. Maintenance free vinyl siding and large backyard in this well maintained neighborhood. Main floor has 1 bedroom 1 bath hardwood floors, upper unit has 2 bedrooms, 1 bath with hardwood floors. This property currently generates $1800 a month in revenue. Main Unit Tenant is on month to month lease , Upper Unit has 1 year with seller paying water and trash. Separate gas and electric meters exist. Newer roof and mechanicals.
Details
Maps
Location Property Info
County: Kent
Street #: 420
Street Name: Woodlawn
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49507
OfficeContract Info
Status: Sold
Current Price: $164,900
List Price: $164,900
Listing Date: 2020-09-24
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6360
Lot Acres: 0.15
Lot Dimensions: 50*127
Year Built: 1895
New Construction: No
Financial Available: No
Financial Comments: 0 Pts/0 Reps.
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2021-03-31
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 411431455008
Taxable Value: 29540
SEV: 51800
For Tax Year: 2020
Seller's Annual Property Tax: 1569
Tax Year: 2020
Spec Assessment & Ty: N/A
Zoning: R2
Remarks Misc
Directions: North of Hall & Madison to Woodlawn right to home on right
Status Change Info
Under Contract Date: 2020-11-03
Sold Date: 2020-12-09
Sold Price: $164,900
Access Feat
Accessibility Features: No
Unit 1
Unit Description: KIT, BA, BR, DR, LR
SqFt: 922
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Unit 2
Unit Description: KIT, BA, 2 BRS, DR,
SqFt: 922
Occupied: Yes
Monthly Rent: 950
Bedrooms: 2
Bathrooms: 1
Property Features
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Lot Description: Wooded
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Natural Gas Available; Phone Available
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Unpaved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Keller Williams GR North (Main)
Listing Agent: Tanya Powell-May
Last Updated: February - 11 - 2026
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