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1014-1016 Burton Street SE Grand Rapids, MI 49507
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Key Details
Sold Price $265,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alger
MLS Listing ID 65023029872
Sold Date 09/15/23
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1933
Annual Tax Amount $2,250
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
Zoning Other
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.
Interior
Interior Features Cable Available
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Pool No
Waterfront no
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Stucco
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411808126004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Homestead Realty of W Michigan
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