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40 Portsmouth Place NE Grand Rapids, MI 49503
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Key Details
Sold Price $350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024019786
Sold Date 08/01/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $3,298
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 90x40
Property Description
Welcome to a piece of Grand Rapids history, nestled in the heart of the heritage hill historic neighborhood. Whether you're looking to restore this property to its former glory as a single-family home or capitalize on the rental income potential, this home has it. Currently it is set up with 2 separated apartments. The lower unit is a 2 bedroom / 2 bathroom. The upper unit is 3 bedroom / 1 bathroom. Electric and gas are not split. 1 electrical panel & 1 furnace. Both Apt are currently occupied. This home could be converted back to single family with not much work. The exterior was painted last year. 2 off street parking spots with a shared driveway. Spacious backyard with a patio built in & still plenty of green space. Washer & Dryer in the basement.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Lafayette ST or College ST to Fountain ST. East on Fountain. Right on OneWay - Portsmouth Place.
Interior
Interior Features Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Roof Type Wood (Cedar)
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal), Water at Street
Structure Type Wood
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411430255010
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with EXP Realty LLC