Grand Rapids, MI 49503-1856,834 Flat Street
Grand Rapids, MI 49503-1856,834 Flat Street
Grand Rapids, MI 49503-1856,834 Flat Street
14
$321,000
$315,000
1.9%
Est.Price: ?

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6,969 Sqft Lot

834 Flat Street Grand Rapids, MI 49503-1856

Est. payment /mo
SOLD DATE : 05/17/2024

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Key Details

Sold Price $321,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70402983

Sold Date 05/17/24

Year Built 1930

Annual Tax Amount $2,593

Tax Year 2023

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 54 X 129

Property Description

Welcome to your next investment opportunity. This all-brick two-unit property on a double lot is an exceptional chance for both investors and owner occupiers alike. Situated conveniently close to downtown and the medical mile, its location is primed for convenience and growth. The 2 bedroom, 1 bath upper unit boasts a recent makeover including an all new kitchen, paint and flooring and is currently unoccupied with a projected rent of 1400 per month. The 3 bedroom, 1 bath lower unit hosts a long term month to month tenant. Severely under market rent rate, projected rent to be 1600-1700. Separate gas and electric is an added bonus. There is a potential growth opportunity on the additional adjacent lot at 630 Emerald.

Location

State MI

County Kent

Area Update

Zoning Residential

Interior

Heating Forced Air, Wall Heat

Exterior

Exterior Feature Brick

Building

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Keller Williams GR East
Bought with Grand River Realty

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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