$135,000
Grand Rapids, MI 49503
MLS# 15024772
Status: Sold
1 / 15
Property Description
An all brick 6 unit building with a newer heating plant and shingles gives the next owner a good start on a great investment in this hot neighborhood! With owner occupied condos selling for over $200,000 across the street and many properties going through significant upgrades you have a real opportunity to increase equity and receive excellent cash flow with this investment. Easy to show and ready to go - just a couple blocks off the Medical Mile, see it soon as this won't last long!
Details
Maps
Documents
Location & Property Info
Cross Streets: north of Newberry
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: 21.33
General Property Info
Lot Dimensions: 50x120x54x120
Road Frontage: 50
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2015-09-22
Waterfront: No
Basement: Yes
Total # Units: 6
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 6089
Total Parking Spaces: 5
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6160
Lot Acres: 0.14
Year Built: 1895
Tax Info
Taxable Value: 88493
SEV: 91700
For Tax Year: 2015
Seller's Annual Property Tax: 4736
Tax Year: 2014
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: Multi-family
Tax ID #: 4114-19-303-002
Remarks & Misc
Public Remarks: An all brick 6 unit building with a newer heating plant and shingles gives the next owner a good start on a great investment in this hot neighborhood! With owner occupied condos selling for over $200,000 across the street and many properties going through significant upgrades you have a real opportunity to increase equity and receive excellent cash flow with this investment. Easy to show and ready to go - just a couple blocks off the Medical Mile, see it soon as this won't last long!
Legal: Lot 3, Block 16 and West 40 feet of south 4 feet of Lot 2, Block 16, Dexter Fraction
Status Change Info
Sold Price/SqFt: 22.17
Under Contract Date: 2015-05-23
Sold Date: 2015-06-30
Sold Price: $135,000
Util Avail at Street
Natural Gas Available: 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
Exterior Material
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Steam: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Trash: 1
Substructure
Full: 1
Owner Pays
Gas: 1
Sewer: 1
Water: 1
Unit 1
Unit #: 2
Unit Description: 2 Bds, Bath, LR, Kit
Identical Units: 4
SqFt: 1228
Occupied: No
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Unit 2
Unit #: 6
Unit Description: Studio
Identical Units: 2
SqFt: 592
Occupied: No
Monthly Rent: 625
Bathrooms: 1
Unit 3
Unit Description: Studio
SqFt: 562
Occupied: No
Monthly Rent: 625
Bathrooms: 1
Location Property Info
County: Kent
Street #: 817
Street Name: Livingston
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
OfficeContract Info
Status: Sold
Current Price: $135,000
List Price: $129,900
Listing Date: 2015-05-15
Remarks Misc
Directions: Coit north off Michigan at the light by Spectrum, go over the highway and turn left 1 street, then north again to the end.
Property Features
Exterior Material: Brick
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Natural Gas Available; Public Water
Owner Pays: Gas; Sewer; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Steam
Terms Available: Cash; Conventional
Sale Conditions: None
Lead Based Paint 
Listing Office: Five Star Real Estate (M6)
Listing Agent: Dan E Otten
Last Updated: June - 12 - 2026
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