$147,500
Grand Rapids, MI 49504
MLS# 18018895
Status: Sold
1 / 22
Property Description
PERFECT INVESTMENT OPPORTUNITY for anyone looking to add to their portfolio or for someone looking to add their first investment property. This awesome 2 unit property has been well taken care of by its owner and has a steady cash flow. Located on the very popular West side of GR, this property will not last long! Don't miss out on your opportunity own this property! Upper unit is currently rented for $925/month and the lower unit is currently rented for $825/month.
Details
Maps
Location & Property Info
Cross Streets: Gunnison Ave and Watson St
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: 85.6
General Property Info
New Construction: No
Lot Dimensions: 24.50 X 67
Road Frontage: 24.5
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2018-09-22
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1868
Total Parking Spaces: 2
School District: Grand Rapids
Lot Size Units: Acres
Lot Size Square Feet: 1641
Lot Acres: 0.04
Year Built: 1905
Tax Info
Taxable Value: 28226
SEV: 32600
For Tax Year: 2018
Seller's Annual Property Tax: 1548.79
Tax Year: 2017
Homestead %: 0
Spec Assessment & Ty: NONE KNOWN
Zoning: RES
Parcel #: 411326431011
Remarks & Misc
Public Remarks: PERFECT INVESTMENT OPPORTUNITY for anyone looking to add to their portfolio or for someone looking to add their first investment property. This awesome 2 unit property has been well taken care of by its owner and has a steady cash flow. Located on the very popular West side of GR, this property will not last long! Don't miss out on your opportunity own this property! Upper unit is currently rented for $925/month and the lower unit is currently rented for $825/month.
Legal: PART OF LOT 5 BLK 24 COM AT SW COR OF SD LOT TH N 67 FT TH E 29.5 FT TH SW LY TO A PT ON S LINE OF SD LOT 24.5 FT E OF BEG TH W TO BEG* SHEPARD S ADDITION
Status Change Info
Sold Price/SqFt: 78.96
Under Contract Date: 2018-05-22
Sold Date: 2018-07-06
Sold Price: $147,500
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Public Sewer: 1
Storm Sewer: 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
FHA: 1
MSHDA: 1
VA Loan: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Michigan Basement: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Trash Collection: 1
Water: 1
Unit 1
Unit Description: LOWER
SqFt: 907
Occupied: Yes
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Deck/Patio: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: UPPER
SqFt: 961
Occupied: Yes
Monthly Rent: 925
Bedrooms: 3
Bathrooms: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 925
Street Name: Watson
Suffix: Street
State: MI
Zip Code: 49504
OfficeContract Info
Status: Sold
Current Price: $147,500
List Price: $159,900
Listing Date: 2018-05-06
Remarks Misc
Directions: Fulton St W, Turn South onto Gunnison Ave SW, take Gunnison to Watson. Home is on the corner of Gunnison and Watson
Property Features
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; Phone Available; Public Sewer; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven
Listing Office: Greenridge Realty (EGR)
Listing Agent: Kevin C McCarty
Last Updated: April - 13 - 2026
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