506 Burton Street SW, Grand Rapids, MI 49507

$269,000

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Sold Price
$269,000
List Price
$279,000
Closing Date
Jan 28, 2025
Days on Market
28
MLS#
24056956
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

[NOTE: Our client wants to sell 506 and the adjacent 454 Burton SW as a package deal. Client not interested in entertaining offers below asking price unless they are for both properties) Professionally managed, turn-key 3 unit rental is in good shape and priced to sell. It features a private parking lot for up to 8 vehicles in addition to a nice two stall garage currently being rented separately. It has a new city certification and is located next to shops and restaurants in the Burton Heights neighborhood. All the units are up to code and all are occupied. You can see that many updates have been made to this property over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop in front.

Additional Information

Owner Pays
Sewer, Trash Collection, Water
Taxes
$3,779
Acres
0.23
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
3
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
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: Michael Tuffelmire from Listing Office: Kent County Real Estate LLC.

Selling Agent: Selling Office: .

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