909 Spencer Street NE, Grand Rapids, MI 49505
$425,000 - Sold
- MLS#: 24043407
- Number of Units: 4
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1936
- Basement: No
- Air: None11
- Lot Size: 54x195
- Square Footage: 4,147
- Exterior: Block, Concrete, Vinyl Siding
- Water: Public
- Acreage: .24
- Heat: Forced Air/Natural Gas
- PPN: 41-14-17-302-037
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Electricity Connected,Natural Gas Connected
- Utilities Available at Street: Broadband,Cable Available,Electricity Available,Natural Gas Available,Phone Available,Public Sewer,Public Water,Storm Sewer
- Extras: Sep Electric Meter,Sep Gas Meter
- Lot Description: Level,Sidewalk
- Frontage/Type: 54 / Street, 0 / Water
- Terms: Cash, Conventional, FHA
- Original Price: $525,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: N off of Leonard to Spencer to home
- Property Description: Great opportunity! 4 units that has been flawlessly maintained by retiring owner for over 40 years. Metal roof on front 7-8 years old, shingled portion replaced November 2024. 2 newer furnaces- 3 years. 4 new water heaters. Lots of laminate flooring, building + units all show nice. Low current rents, however all units have leases up soon. Projected market rents of $4700. Unit 1 could be 2 br = $1,200, #2 1 br = $1,000, #3 1 br = $1,000, #4 could be 3 br = $1,500. Separate gas + electric. Parking lot recently repaved w/8 spots. Fenced back yard 195' lot. City compliance thru 7/29/25.Many new windows. Unit 1 (to left main entrance) lr, kit, ea, br, ba, br, mud room, mechanicals, both brs have WIC, walk in pantry, new windows 2024, updated ba, vaulted ceilings. Unit 2 1st floor back, lr,kit, ea, 1 br, ba, furnace Unit 3 1st on right Lr, kit, ea, br, ba, play area Unit 4 up lr, lg kit, br w/wic, dormer br
The properties on this website are generated from the Broker Reciprocity Program of the MLS Exchange, Inc. Copyright 2024 MLS Exchange, Inc. All rights reserved.