1960 Horton Avenue SE, Grand Rapids, MI 49507
$175,000 - Sold
- MLS#: 23145496
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1895
- Basement: Yes
- Air: None11
- Lot Size: 47x141
- Square Footage: 1,736
- Exterior: Vinyl Siding
- Water: Public
- Acreage: .15
- Heat: Forced Air/Natural Gas
- PPN: 41-18-06-352-026
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Electric,Natural Gas
- Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Storm Sewer,Telephone Line
- Extras: None
- Lot Description: Level,Sidewalk
- Frontage/Type: 47 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $185,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Just North off Burton.
- Property Description: Come take a look at this investment opportunity for a 2 unit home in the Grand Rapids area. This home is currently occupied on a month to month lease at market rents. The upper level apartment is a 2 bed 1 bath apartment with rent at $1,150. The lower level apartment currently consists of 2 bed 1 bath at $1,200. There is a 3rd non conforming studio apartment on the main level that connects to the lower apartment via a doorway that would make it very easy to combine with lower unit to turn it into a 3 bed 1 bath allowing future rent increases. Utilities are split between the two units with tenants paying their own gas and electric. Lot's of opportunity here to grow a rental portfolio. Schedule your private showing today!
- Commission Offered:
- Buyer Agency: 3.00 % Sub Agency: 2.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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