125 Griggs Street Grand Rapids, MI ^$ 199,900

125 Griggs Street

^$ 199,900

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125 Griggs Street

Grand Rapids, MI, 49507

^$ 199,900

Studio Baths0.0

Monthly Estimate*

^$ 1,396

125 Griggs Street, Grand Rapids, MI 49507 - Image 1

Studio

Multi-Family Home for sale in Grand Rapids, MI

for $199,900. This home was built in 1929 on a lot size of 0.16.

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,000 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $900 per month. Total rents are $1,900 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 3 other 2 family units for sale as well. MLS 24015907, MLS 24015962 & MLS 24015981

Multi-Family Active

Price

^$ 199,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,457

Style

Lot Size

0.16

Year Built

1929

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70398374

Features

General

Heating Gravity Space Heater

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Year Built 1929

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Area UPDATE

Primary City Grand Rapids

Directions North off Burton on Division west off Division on Griggs to 125 Griggs SW.

City Grand Rapids

School District Grand Rapids City School Distric

Street Name Griggs

Financial Terms Cash Conventional

Legal Description LOT 44* B F BARENDSEN SECOND ADDITION

DOM 41

Postal Code 49507

Coming Soon Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom 1 bath current rent is $1 000 per month. Unit: 2 Lower: 2 bedrooms

Exterior

Exterior Wood

Frontage 50

Lot Size Area 0.16

Lot Dimensions 50' x 140'

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

David VanDam

Listing Agent

Five Star Real Estate (Grandv)

Broker

david@davidvandamrealtor.com

Affordability Calculator

$1,518

Per Month

Monthly Principal & Interest: $1,396
Monthly Property Taxes: $121
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$356,812

Percent of Sale Price 78%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$199,900		Listed Price

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125 Griggs Street, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $199,900 with a lot size of 0.16. 125 Griggs Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 49507 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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125 Griggs Street

Multi-Family Home for sale in Grand Rapids, MI

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