$265,000
$265,000
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1014-1016 Burton SE Street Grand Rapids, MI 49507
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
Subdivision Alger
MLS Listing ID 23029872
Sold Date 09/15/23
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1933
Annual Tax Amount $2,250
Tax Year 2023
Lot Dimensions 1
Property Description
Great investment opportunity with this brick two unit on the edge of Alger Heights! Side by side townhouse style units with 3 beds 1.5 baths on both sides (3rd bedrooms have no closets). Wood floors, newer boiler units, newer water heaters, and all separate utilities. All city certificates up to date. Long term renters who have been there for 10+ years and currently on month to month leases with rents guaranteed and direct deposited from Wyoming Housing Commission. Tenants take good care of units and care for the lawn. Parking for 4 behind on the alley. Great opportunity to purchase and cash flow immediately! Owner is licensed real estate broker in the state of Michigan
Location
State MI
County Kent
Area Grand Rapids - G
Direction Burton West of Kalamazoo, turn down Alto to access the alley on your right. Parking behind units. For showings you may want to park on the side streets (Blaine or Alto) and walk in as tenants cars may be in the parking area.
Rooms
Basement Full
Interior
Heating Hot Water, Natural Gas
Fireplaces Number 1
Exterior
Garage Driveway, Gravel
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick, Stucco
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-18-08-126-004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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