40 Portsmouth Place NE, Grand Rapids, MI 49503

$350,000

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Sold Price
$350,000
List Price
$359,000
Closing Date
Aug 01, 2024
Days on Market
76
MLS#
24019786
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Welcome to a piece of Grand Rapids history, nestled in the heart of the heritage hill historic neighborhood. Whether you're looking to restore this property to its former glory as a single-family home or capitalize on the rental income potential, this home has it. Currently it is set up with 2 separated apartments. The lower unit is a 2 bedroom / 2 bathroom. The upper unit is 3 bedroom / 1 bathroom. Electric and gas are not split. 1 electrical panel & 1 furnace. Both Apt are currently occupied. This home could be converted back to single family with not much work. The exterior was painted last year. 2 off street parking spots with a shared driveway. Spacious backyard with a patio built in & still plenty of green space. Washer & Dryer in the basement.

Additional Information

Owner Pays
Gas, Trash Collection, Water
Taxes
$3,298
Acres
0.08
Basement
Michigan Basement
Heating
Forced Air
Roofing
Wood
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity
Total Parking Spaces
2
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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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: Lewis Smalligan from Listing Office: Tall Tree Realty and Property Management LLC.

Selling Agent: Selling Office: .

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