$195,000
$199,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
620 Liberty SW Street Grand Rapids, MI 49503
4,617 Sqft Lot
Key Details
Sold Price $195,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24015962
Sold Date 05/16/24
Year Built 1925
Annual Tax Amount $1,468
Tax Year 2024
Lot Size 4,617 Sqft
Acres 0.11
Lot Dimensions 40' x 115'
Property Sub-Type 2 to 4 Units
Property Description
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 1 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 2 bedroom, 1 bath, current rent is $1,400 per month. Total rents are $2,500 per month! Each unit has a kitchen with eating area. Large backyard, and off street parking. Roof is 8 years old, Furnace 5 years old and 1 newer water heater per owner. Separate utilities. Property is near a major bus line and grocery store. Don't miss this one! Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller is selling 3 other properties. MLS 24015903, MLS 24015907 & MLS 24015981.
Location
State MI
County Kent
Area Grand Rapids - G
Direction Take Ceasar E. Chavez Ave south of Hall St to Liberty. Turn East on Liberty to home.
Rooms
Basement Full
Interior
Heating Forced Air, Space Heater
Fireplaces Number 1
Exterior
Parking Features Concrete, Driveway
Utilities Available Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer, Broadband
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Level, Sidewalk
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-17-01-128-009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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