1960 Horton Avenue SE, Grand Rapids, MI 49507
- $175,000
- Sold Price
- $175,000
- List Price
- $185,000
- Closing Date
- Feb 02, 2024
- Days on Market
- 8
- MLS#
- 23145496
- Status
- SOLD
- Type
- Multifamily
- Neighborhood
- Grand Rapids - G
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!
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Additional Information
- Owner Pays
- None
- Taxes
- $1,173
- Acres
- 0.15
- Basement
- Michigan Basement
- Heating
- Forced Air, Natural Gas
- Roofing
- Composition
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electric, Trash Collection, Gas
- Total Parking Spaces
- 3
- Utilities
- Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected
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Listing courtesy of Listing Agent: Ross S Bacon from Listing Office: RE/MAX of Grand Rapids (FH).
Selling Agent: Selling Office: .
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