1008 Adams Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507-1906
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,598 sqft
Price per Sqft $106
Subdivision Mi
MLS Listing ID 70444499
Year Built 1920
Annual Tax Amount $1,238
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x125
Property Description
Great investment opportunity 2 units rental property. Tenant in 1st floor apartment has been renting for 10 years and his rent is paid in advance until August 1st, 2025, Lease expires on August 1st, 2025 as well. Property needs work but has good bones and many updates including, New roof replaced on Oct. 2023, vinyl windows, vinyl siding, 2nd floor unit space heater is 2 yrs old, 1st floor space heater is 4 years old. possession is at closing subject to tenants rights.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Space Heater
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional