1899 Palace Avenue SW
Grand Rapids, MI 49507
0.12 acres | #24041905
Description
Investment Opportunity! Enjoy a combined rent of $2,295 with this occupied property, with tenants in-place until 2025. Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids! Both units are occupied: Unit #1 is rented for $1,295/month until 03/31/25, and Unit #2 is rented for $1,000/month until 05/31/25
Property Details
- Lot DescriptionLevel, Sidewalk
Measurements
- Acres0.12
Construction Details
- BasementMichigan Basement
- Property TypeMulti-Family
Condition
- Year Built1895
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$234,900
- Days on Market (Cumulative)38
Other
- MLS #24041905
Location
Legal
© MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.
Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Timothy J VandenToorn (#gvand0027)
Listing Office: United Realty Services LLC (#g168100)
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.
