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1015 Martin Luther King Jr Street Grand Rapids, MI 49507-1326
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Key Details
Sold Price $232,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $94
Subdivision Mi
MLS Listing ID 70305639
Sold Date 05/04/23
Year Built 1920
Annual Tax Amount $5,405
Tax Year 2022
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 45x126
Property Sub-Type Multi-Family
Property Description
Large, cash flowing 2-unit fully occupied with good tenants!! Both units are identical 3BR/1BA. Newer furnaces in both units. Currently rented for a total of $2875 /mo. Separate utilities. Tenants pay electric/gas/trash. Both units are section 8. No delinquencies. Upper unit lease ends May 31st, 2023 and the lower unit lease ends June 30th, 2023. Full recent inspection report, leases, rent rolls, and expenses provided in attached documents. Looking for non-contingent offers (no inspections). Seller to make no repairs. Current city rental certificate good through 6/21/2026. **Offers due by Monday 3rd at 12 noon**Can buy as a package with another 2-unit. Address is 1305 Ford NE, Grand Rapids, MI. MLS # 23009013.Seller is a licensed real estate agent
Location
State MI
County Kent
Area Update
Zoning Residential
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
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
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Icon Realty Group LLC