845 Worden Street SE, Grand Rapids, MI 49507
$210,000 - Sold
- MLS#: 23020650
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1890
- Basement: Yes
- Air: None
- Lot Size: 50 x 32
- Square Footage: 2,479
- Exterior: Aluminum Siding
- Water: Public
- Acreage: .15
- Heat: Forced Air/Natural Gas
- PPN: 41-14-32-302-011
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Electric,Natural Gas
- Utilities Available at Street: Cable,Natural Gas,Public Sewer,Public Water
- Extras: None
- Lot Description:
- Frontage/Type: 50 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, Land Contract, MSHDA, VA Loan
- Original Price: $220,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: MLK Jr EN on GenevaE on Worden
- Property Description: *Property is located in an area where buyers can qualify for bank covered closing costs!* Large, cash flowing 2-unit, fully occupied with great tenants!! Enjoy a 10% cap rate! Both leases month-to-month. Upper tenant has signed a new lease somewhere for August 25th, so the upper unit will be vacant. Lower unit is 3 BR/1 BA and upper unit is 2 BR/1 BA. Newer furnaces in both units. Brand new plumbing and new water main (performed by city) and updated bathrooms in both units. Currently rented for a total of $2,350 /mo. Rent could easily be raised to $1,100 for upper unit. Separate utilities. Tenants pay electric/gas/trash. Seller will give 30-day notice to either tenant of buyers choice, if requested. Current city rental certificate good through 4/22/2026. Seller is a 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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