125 Griggs Street SW, Grand Rapids, MI 49507

$189,900

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Sold Price
$189,900
List Price
$189,900
Closing Date
Feb 28, 2025
Days on Market
288
MLS#
24015903
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 1 other 2 family unit for sale as well. 915 Oakhill SE, Grand Rapids, MI 49507 MLS 24015981

Additional Information

Owner Pays
Water, Sewer
Taxes
$1,457
Acres
0.16
Basement
Full
Heating
Gravity, Space Heater
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electric, Trash Collection, Gas
Utilities
Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: David VanDam from Listing Office: Five Star Real Estate (Grandv).

Selling Agent: Selling Office: .

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