834 Flat Street NE, Grand Rapids, MI 49503
- $321,000
- Sold Price
- $321,000
- List Price
- $315,000
- Closing Date
- May 17, 2024
- Days on Market
- 3
- MLS#
- 24020524
- Status
- SOLD
- Type
- Multifamily
- Neighborhood
- Grand Rapids - G
Property Description
Welcome to your next investment opportunity. This all-brick two-unit property on a double lot is an exceptional chance for both investors and owner occupiers alike. Situated conveniently close to downtown and the medical mile, its location is primed for convenience and growth. The 2 bedroom, 1 bath upper unit boasts a recent makeover including an all new kitchen, paint and flooring and is currently unoccupied with a projected rent of 1400 per month. The 3 bedroom, 1 bath lower unit hosts a long term month to month tenant. Severely under market rent rate, projected rent to be 1600-1700. Separate gas and electric is an added bonus. There is a potential growth opportunity on the additional adjacent lot at 630 Emerald.
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Additional Information
- Owner Pays
- Sewer, Water
- Taxes
- $2,593
- Acres
- 0.16
- Basement
- Full
- Heating
- Forced Air, Wall Furnace
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Trash Collection
- Total Parking Spaces
- 2
- Utilities
- Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Julie L Rossio from Listing Office: Keller Williams GR East.
Selling Agent: Selling Office: .
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