$295,000

1708 Elizabeth Avenue NW

Grand Rapids MI, 49504

Description

Do not miss out on this fantastic investment opportunity on the NW side of Grand Rapids! This four unit is occupied with great paying tenants generating $2,875 total monthly rent! Each unit is 1 bed/1bath and has been updated with new flooring, paint, new plumbing in each of the kitchens, and many of the cabinets and countertops have been replaced by the current owner, giving each unit a fresh look! An itemized list of updates are available upon request. This property also offers an additional 44'x 22' building that is zoned commercial that sits along the back of the lot. This building could be used for a variety of uses whether that is a storage unit, to leasing out to a business, etc! It has 660 power running to it with two garage doors. Come see it today!

Details

MLS#20025774
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site29

Features

SQ Feet2,976
Units4
Building(s)1
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Area Information
StateMI
CountyKent
CityGrand Rapids
Zip Code49504
AreaGrand Rapids - G
Listing VS Median (in 49504)
Price:
$295,000
low | high
Med:
$231,950
71.372881355932% of Average
SqFt:
2,976
low | high
Med:
1,151
100% of Average
$ / SqFt:
$99
low | high
Med:
$210
61.726634021716% of Average
On Site:
29
low | high
Med:
31
93.548387096774% of Average
Listing Updated: 08/03/2020
Josh R May LogoMLS Number: 20025774
Listing Provided By:
Josh R May  of  RE MAX of Grand Rapids (FH)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.