1021-1023 Sheridan Avenue SW, Grand Rapids, MI 49503


$385,000 - Sold


  • MLS#: 24037018
  • Number of Units: 3
  • Type: 2 to 4 Units
  • School District: Grand Rapids
  • County: Kent
  • Taxing Authority: City of Grand Rapids

  • Year Built: 1900
  • Basement: Yes
  • Air: None
  • Lot Size: 40x115
  • Square Footage: 0
  • Exterior: Vinyl Siding
  • Water: Public
  • Acreage: .11
  • Heat: Forced Air/Natural Gas
  • PPN: 41-13-36-380-026
  • Sewer: Public
  • Water Body: None

  • Water Features: None
  • Utilities Attached: Electric,Natural Gas
  • Utilities Available at Street: None19
  • Extras: Sep Electric Meter,Sep Gas Meter

  • Lot Description: 
  • Frontage/Type: 40 / Street, 0 / Water
  • Terms: Cash, Conventional
  • Original Price: $400,000
  • Complex Name: 
  • Association Amenities: 
  • Association Includes: 
  • Directions: From 131, take Hall St exit, West on Hall St, North on Sheridan to home

  • Property Description: Great investment opportunity to own a duplex and single family house right next to each other on two separate parcels. All three units are currently rented month-to-month for $4,450 per month. Electric and gas are individually metered for each unit. Water/sewer is shared for all three units. Certificate of compliance issued by the city until 9/23/2026. Take advantage of the cash flow already established and the possibility to sell the properties separately in the future. Or live in one unit and have the other two units pay the mortgage. 1021 is a 4 bedroom, 1 ½ bathroom single family. 1023 is a upper/lower duplex, each with 2 bedrooms and 1 bathroom. Both buildings have new roofs and attic venting in 2022. Tax information is for both parcels - 41-13-36-380-025 and 41-13-36-380-026.

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