125 Griggs Street SW Active

Grand Rapids,MI 49507

$ 199900

2 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65024015903

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1929

Annual Tax Amount $1,457

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50' x 140'

Property Description

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction North off Burton on Division, west off Division on Griggs to 125 Griggs SW.

Interior

Interior Features Cable Available

Heating Gravity,Space Heater

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Composition

Road Frontage Paved

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

Water Public (Municipal),Water at Street

Structure Type Wood

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411701429034

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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