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+12694371890
Foundry Real Estate Partners, Inc
900 Fountain Street NE, Grand Rapids, MI 49503
- $289,900
- List Price
- $289,900
- Price Change
- ▼ $10,000 1791582203
- Days on Market
- 43
- MLS#
- 26045604
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Remodeled, low maintenance home in fantastic Midtown location is super easy to rent! Completely rehabbed in 2018 including gut remodel of kitchens and baths. All windows, HVAC, plumbing, and electrical wiring in the house is new since 2017. Utilities are split with 2 water heaters, 2 electric meters, 2 gas meters and tenants pay all utilities except water. Sewer lines just scoped/cleaned and in great condition. Private driveway for off-street parking, plus 2 stall garage, and small partially fenced yard. Don't let the age fool you on this one!! Walk to Farmers Market, GRCC, Martha's, sushi, Madcap, Black Napkin and GFS grocery. Home was originally a single-family home and easily converts back. Also, Each 1 bedroom apartment could easily be converted to 2 bedroom with very simple modifications - See attached floor plans. Both units access laundry room and storage in the basement from the backyard. Original hardwood floors and charm. Detailed list of improvements attached to listing. Rents are below market because the tenants have been long term and the best tenants you could possibly want or find. Main floor unit 1 is currently occupied on month-to-month lease at $1,325 per month plus utilities (landlord only pays water and mows lawn). Upstairs Unit 2 is currently vacant. What a great chance to offset your mortgage while living in a remodeled and cute home! All appliances including washer and dryer are included. Great value and priced well below recent sales at 659 Crescent for $315k and 142 Langdon at $335k.
Additional Information
- Owner Pays
- Sewer, Water
- Taxes
- $4,516
- Acres
- 0.11
- Basement
- Full
- Heating
- Baseboard, Forced Air, Ductless
- Roofing
- Composition
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Trash Collection
- Total Parking Spaces
- 2
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available, Storm Sewer, Phone Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Erin C Fester from Listing Office: GR Home Team.
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