1566 Wealthy Street SE, Grand Rapids, MI 49506

$460,000

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Sold Price
$460,000
List Price
$497,000
Closing Date
Mar 07, 2025
Days on Market
84
MLS#
24058491
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Welcome to 1566 Wealthy St., a prime investment opportunity in the heart of the thriving East Town neighborhood. This 5-unit property is ideally located within walking distance to the best shops, restaurants, and attractions along Wealthy Street. With strong rental income and excellent growth potential, this is an ideal addition to any portfolio. The building also features convenient coin-operated laundry in the basement. Act fast—properties like this don't come around often!

Additional Information

Owner Pays
Trash Collection, Water, Sewer, Gas
Taxes
$9,352
Acres
0.22
Basement
Full, Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electric
Total Parking Spaces
4
Utilities
Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

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: Shawn Jacobs from Listing Office: MOXIE Real Estate + Development.

Selling Agent: Selling Office: .

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