$689,900
Grand Rapids, MI 49503
MLS# 25052945
Status: Pending
1 / 39
Property Description
Great investment opportunity with this Cherry Hill 5 unit property! All units are 1 bedroom/1 bathroom and bringing in a total of 6,815/month in rent. The property also offers amble off street parking! Conveniently located to Medical Mile, downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. Call today to set up a showing and add to your investment portfolio!
Details
Maps
Location Property Info
County: Kent
Street #: 623
Street Name: Cherry
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49503
Area: Grand Rapids - G
OfficeContract Info
Status: Pending
Current Price: $689,900
List Price: $689,900
Listing Date: 2025-10-13
General Property Info
Lot Measurement: Acres
Lot Square Footage: 16901
Lot Acres: 0.39
Lot Dimensions: 64x264
Year Built: 1875
New Construction: No
Cert of Compliance: Yes
Road Frontage: 64
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-30-432-039
Taxable Value: 320434
SEV: 321100
For Tax Year: 2025
Seller's Annual Property Tax: 16500
Tax Year: 2024
Spec Assessment & Ty: N/A
Zoning: RES
Remarks Misc
Directions: North side of Cherry St , just East of Union
Status Change Info
Under Contract Date: 2025-11-04
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 1
SqFt: 690
Occupied: Yes
Monthly Rent: 1195
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 2
SqFt: 548
Occupied: Yes
Monthly Rent: 1395
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 3
SqFt: 624
Occupied: Yes
Monthly Rent: 1425
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 4
SqFt: 615
Occupied: Yes
Monthly Rent: 1425
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 5
SqFt: 540
Occupied: Yes
Monthly Rent: 1375
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Wood Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Water
Owner Pays: Electricity; Gas; Sewer; Water
Tenant Pays: Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Listing Office: Five Star Real Estate (Ada)
Listing Agent: Lauren Karsten
Last Updated: January - 13 - 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.