821 Douglas Street NW new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025001446
Bedrooms 7
Year Built 1908
Annual Tax Amount $2,536
Lot Size 0.300 Acres
Property Description
A 7-unit opportunity you have been waiting for in NW Grand Rapids next to Bridge St which as you know has been the hottest place to own an investment in Grand Rapids. Conveniently located near Grand Valley State University these units have attracted young professionals and students. In addition to being close to the college many new bars and restaurants are within walking distance. This listing includes two parcels sharing a lot line. 821 is a 4 unit and consist of four 2 bed 1 bath identical units, the 827 is a 3 unit. One 3 bed and two 1 bed units. All units are updated and some have been completely remodeled. Newer roof, replacement windows, furnace replacements, separate utilities and fully occupied. This property is professionally managed for 15yrs. Gross rent $8560.0
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Interior
Heating Forced Air,Space Heater
Laundry 1
Exterior
Garage Spaces 12.0
Roof Type Composition,Rubber
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal),Water at Street
Structure Type Aluminum,Vinyl
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional