507 Union Avenue SE, Grand Rapids, MI 49503

$275,000

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Sold Price
$275,000
List Price
$225,000
Closing Date
Sep 23, 2024
Days on Market
4
MLS#
24043364
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Great investment opportunity!Historic Heritage Hill 2-unit property, needs repair but priced accordingly. The lower unit features 2 bedrooms, large living room and dining room and fireplace. The upper unit has 5 bedrooms. There are two coin operated washer and dryers in the basement, 2 additional showers, a new water heater, and plenty of storage space. Tenants currently rent by the room on a weekly basis. 24 hour notice required; showings Tuesday - Sunday, 9am-3pm only. Seller directs listing agent to hold all offers until Friday 8/23/24 at noon.

Additional Information

Owner Pays
Electricity, Gas, Sewer, Trash Collection, Water
Taxes
$2,489
Acres
0.14
Basement
Michigan Basement
Heating
Forced Air
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
None
Total Parking Spaces
2
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
Water
Public

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: Julie Grevengoed from Listing Office: Clarity Realty LLC.

Selling Agent: Selling Office: .

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