$280,000
For Sale

29 Putnam Street SW

Grand Rapids, MI 49507
Browse 38 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Great opportunity to own an investment property or an owner-occupied situation. The lower unit has 3 bedrooms, and 1 bath, and was recently rented out for $1,485 a month and is now vacant. The upper unit has 2 bedrooms, and 1 bath, and is currently rented for $1,130 a month. Split utilities! The tenants pay for gas, electricity, trash, and recycling. The owner pays for landscaping and water. The roof was new in 2020. All original hardwood floors and vinyl windows. Both units have central air. There is a shared laundry room on the main floor in the back of the house. This also comes with a detached 2-stall garage.

  • Property Details
      • Lot DescriptionSidewalk
    • Measurements
      • Acres0.11
  • Construction Details
      • BasementMichigan Basement
      • Property TypeMulti-Family
    • Condition
      • Year Built1900
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictGrand Rapids
      • CountyKent
  • Financial Details
      • Original List Price$285,000
      • Days on Market (Cumulative)22
  • Other
      • MLS #24045222

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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