$199,900 Price Analysis    ♡   Grand Rapids, MI 49507 Unknown bed 0 bath unknown SqFt ($0/SqFt) 4,530SqFt lot. Built 1900 Listed 2024-04-05, Taxes $1,268 | Ⓧ USDA Ineligible due to location near Grand Rapids |
Wow!!
Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 2 bedroom, 1 bth current rent is $1, 100 per month. Unit 2: Lower: 3 bedroom, 1 bath, current rent is $1, 000 per month. Total rents are $2, 100 per month. Each unit has a kitchen with eating area.
Large backyard and off street parking. 2 new furnaces and 2 new water heaters Separate utilities. Property is near a major bus line. Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller has 2 other properties for sale. MLS 24015903 and MLS 24015907
Presented by David Van Dam at
Five Star Real Estate - Grandville Office.
Property MLS #24015981 from MichRic
Lot Size Square Feet: 4530
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Kent
Directions: Take Kalamazoo north of Hall to to Oakhill. Turn west on Oakhill. Property on Northside of the road.
Tax Year: 2024
Source Property Type: Multi-Family
Area: Grand Rapids - G
MLS Area Minor: Grand Rapids - G
Source Neighborhood: Grand Rapids - G
Owner Pays: Water, Sewer
Parcel Number: 41-14-32-351-038
Property Subtype: 2 to 4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $54,900 | $1,268 |
| 2021 | $unknown + $unknown $49,800 | $1,235 |
| 2020 | $unknown + $unknown $42,800 | $1,241 |
| 2019 | $unknown + $unknown $36,400 | $1,223 |
| 2018 | $unknown + $unknown $30,500 | $1,185 |
| 2017 | $unknown + $unknown $29,200 | $1,156 |
| 2016 | $unknown + $unknown $25,700 | $1,123 |
| 2015 | $unknown + $unknown $22,900 | $1,107 |
| 2014 | $unknown + $unknown $24,300 | $1,083 |
| 2013 | $unknown + $unknown $25,400 | $1,040 |
| 2012 | $unknown + $unknown $30,100 | $1,015 |
| 2011 | $unknown + $unknown $30,900 | $965 |
| 2009 | $unknown + $unknown $38,100 | $949 |
| 2008 | $unknown + $unknown $39,200 | $912 |
| 2007 | $unknown + $unknown $39,200 | $868 |
$199,900
MichRic
Listing removed 2023-11-26
$0
MichRic
Listed 2023-07-31
$205,000
MichRic
Listing removed 2022-10-23
$0
MichRic
Price Changed 2022-09-26
$215,000
MichRic
Listed 2022-09-12
$199,900
MichRic
Listing removed 2022-08-03
$0
MichRic
Listed 2022-04-25
$230,000
MichRic
Listing removed 2021-07-03
$0
MichRic
Listed 2021-02-11
$185,000
MichRic
Listing removed 2020-03-01
$0
AppfolioUnits
Listed for rent 2020-02-24
$950
AppfolioUnits
Listing removed 2018-09-20
$900
AppfolioUnits
Listed for rent 2018-09-05
$900
AppfolioUnits
Listing removed 2018-02-22
$800
AppfolioUnits
Listed for rent 2018-01-27
$800
AppfolioUnits
Listing removed 2018-01-18
$800
AppfolioUnits
Listed for rent 2017-12-28
$800
AppfolioUnits
Construction Materials: Wood Siding
Property Age: 124
Roof: Composition
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.