47
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$349,900
Est. payment /mo
6,098 Sqft Lot
Active
233 Hollister Avenue Grand Rapids, MI 49506-1530
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70541974
Year Built 1884
Annual Tax Amount $9,402
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 51 x 116
Property Sub-Type Multi-Family
Property Description
Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. The property also qualifies for valuable historic rehabilitation tax credits, offering the potential to offset renovation costs and further enhance your overall return on investment. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal opportunity for a flipper, long-term investor, or owner-occupant.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Wood
Building
Foundation Basement
Structure Type Wood
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.zillow.com/view-imx/5db2ccea-1677-4fe9-bb22-9e22258eb439?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Listed by Realify Properties
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