1899 Palace Avenue SW, Grand Rapids, MI 49507
$217,000 - Sold
- MLS#: 25034484
- 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: 40*131
- Square Footage: 0
- Exterior: Vinyl Siding
- Water: Public Water4
- Acreage: .12
- Heat: Forced Air/Natural Gas
- PPN: 41-17-01-452-051
- Sewer: Public Sewer5
- Water Body: None
- Water Features: None
- Utilities Attached: Natural Gas Connected
- Utilities Available at Street: Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Public Sewer,Public Water,Storm Sewer
- Extras: None
- Lot Description: Level,Sidewalk
- Frontage/Type: 40 / Street, 0 / Water
- Terms: Cash, Conventional, FHA
- Original Price: $219,900
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Burton to Palace north to home
- Property Description: Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 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!
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