125 Griggs SW Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24015903
Year Built 1929
Annual Tax Amount $1,457
Tax Year 2024
Lot Size 7,013 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 - G
Direction North off Burton on Division, west off Division on Griggs to 125 Griggs SW.
Rooms
Basement Full
Interior
Heating Gravity,Space Heater
Fireplaces Number 1
Exterior
Parking Features Concrete,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer
View Y/N No
Roof Type Composition
Street Surface Paved
Building
Lot Description Level
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-17-01-429-034
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional