$189,900
Est. payment /mo
6,969 Sqft Lot
Price Dropped by $10K
125 Griggs Street Grand Rapids, MI 49507-2454
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UPDATED:
01/08/2025 07:49 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70398374
Year Built 1929
Annual Tax Amount $1,457
Tax Year 2023
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 1 other 2 family unit for sale as well. 915 Oakhill SE, Grand Rapids, MI 49507 MLS 24015981
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Gravity, Space Heater
Exterior
Exterior Feature Wood
Building
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Five Star Real Estate (Grandv)