620 Liberty Street SW, Grand Rapids, MI 49503

$195,000

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Sold Price
$195,000
List Price
$199,900
Closing Date
May 16, 2024
Days on Market
5
MLS#
24015962
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

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.

Additional Information

Owner Pays
Sewer, Water
Taxes
$1,468
Acres
0.11
Basement
Full
Heating
Forced Air, Space Heater
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
4
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Storm Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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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