1566 Wealthy SE Street Active

Grand Rapids,MI 49506

$ 499000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 24058491

Year Built 1895

Annual Tax Amount $9,352

Tax Year 2023

Lot Size 9,670 Sqft

Acres 0.22

Lot Dimensions 80x121

Property Description

Welcome to 1566 Wealthy St., a prime investment opportunity in the heart of the thriving East Town neighborhood. This 5-unit property is ideally located within walking distance to the best shops, restaurants, and attractions along Wealthy Street. With strong rental income and excellent growth potential, this is an ideal addition to any portfolio. The building also features convenient coin-operated laundry in the basement. Act fast—properties like this don't come around often!

Location

State MI

County Kent

Area Grand Rapids - G

Direction One Blk E Of Lake Dr. And Wealthy.

Rooms

Basement Full,Michigan Basement

Interior

Heating Forced Air

Fireplaces Number 1

Exterior

Garage Paved

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

Total Parking Spaces 4

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-32-230-004

Acceptable Financing FHA,Cash,Conventional

Listing Terms FHA,Cash,Conventional

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