$199,900
For Sale

125 Griggs Street SW

Grand Rapids, MI 49507
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981

  • Property Details
      • Lot DescriptionLevel
    • Measurements
      • Acres0.16
  • Construction Details
      • Property TypeMulti-Family
      • BasementFull
    • Condition
      • Year Built1929
  • Utilities / Energy Details
      • Utility FeaturesPhone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Co
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictGrand Rapids
      • CountyKent
  • Financial Details
      • Original List Price$199,900
      • Days on Market (Cumulative)219
  • Other
      • MLS #24015903

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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