1899 Palace Avenue SW, Grand Rapids, MI 49507

$217,000

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Sold Price
$217,000
List Price
$219,900
Closing Date
Sep 29, 2025
Days on Market
12
MLS#
25034484
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!

Additional Information

Owner Pays
Electricity, Gas, Sewer, Water
Taxes
$3,551
Acres
0.12
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Trash Collection
Total Parking Spaces
2
Utilities
Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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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: Timothy J VandenToorn from Listing Office: United Realty Services LLC.

Selling Agent: Selling Office: .

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