1008 Adams Street SE, Grand Rapids, MI 49507

$155,000

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Sold Price
$155,000
List Price
$169,900
Closing Date
Jan 31, 2025
Days on Market
52
MLS#
24062053
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Great investment opportunity 2 units rental property. Tenant in 1st floor apartment has been renting for 10 years and his rent is paid in advance until August 1st, 2025, Lease expires on August 1st, 2025 as well. Property needs work but has good bones and many updates including, New roof replaced on Oct. 2023, vinyl windows, vinyl siding, 2nd floor unit space heater is 2 yrs old, 1st floor space heater is 4 years old. possession is at closing subject to tenants rights.

Additional Information

Owner Pays
None
Taxes
$1,238
Acres
0.12
Basement
Michigan Basement
Heating
Space Heater
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
4
Utilities
Natural Gas Connected, Natural Gas Available
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
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: Delky Baez from Listing Office: RE/MAX United (Beltline).

Selling Agent: Selling Office: .

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