1015 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
$232,000 - Sold
- MLS#: 23009011
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
About Baxter
From child development centers to wholistic health clinics, mentoring programs, and the Tree House Community Garden, this neighborhood offers access to a plethora of services for homeowners and residents. Also located in this community is the historic Wealthy Theatre, a multimedia-capable venue for use by the community, providing a platform for the free and legal expression of individuals, nonprofits, artists, community leaders, filmmakers and more.
- Year Built: 1920
- Basement: Yes
- Air: None
- Lot Size: 45x126
- Square Footage: 2,444
- Exterior: Wood Siding
- Water: Public
- Acreage: .14
- Heat: Forced Air/Natural Gas
- PPN: 41-14-32-182-028
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Electric,Natural Gas
- Utilities Available at Street: Cable,Electric,Natural Gas,Public Sewer,Public Water
- Extras: None
- Lot Description:
- Frontage/Type: 45 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $225,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Fuller S, E on MLK Jr. to property
- 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
- Commission Offered:
- Buyer Agency: 3.00 % Sub Agency: 2.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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