834 Flat Street NE, Grand Rapids, MI 49503
$321,000 - Sold
- MLS#: 24020524
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1930
- Basement: Yes
- Air: None
- Lot Size: 54 X 129
- Square Footage: 0
- Exterior: Brick
- Water: Public
- Acreage: .16
- Heat: Forced Air,Wall Furnace/Natural Gas
- PPN: 41-14-20-305-001
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Electric,Natural Gas
- Utilities Available at Street: Electric,Natural Gas,Public Sewer,Public Water
- Extras: Sep Electric Meter,Sep Gas Meter
- Lot Description:
- Frontage/Type: 54 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $315,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: W. off Diamond on Flat St. to Home.
- 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.
- 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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