Grand Rapids, MI 49504,1539 Quarry Avenue NW

$260,000

Est. payment /mo

$285,000

8.8%
Est.Price: ?

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1539 Quarry Avenue NW Grand Rapids, MI 49504

2 Beds

4,356 Sqft Lot

SOLD DATE : 05/28/2024

Key Details

Sold Price $260,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65024009543

Sold Date 05/28/24

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1916

Annual Tax Amount $4,028

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 37 x 115

Property Description

Experience the essence of urban living in this carefully maintained 2-bed, 1-bath duplex on Grand Rapids' vibrant west side. Blending original wood charm and new renovations, this property is an ideal investment for both discerning investors and homeowners. Each unit offers spacious layouts adorned with chic finishes and modern amenities, creating a comfortable and welcoming atmosphere. Whether you choose to live in one unit and lease the other for additional income or maximize your investment potential by renting both, the duplex provides endless opportunities. The lower unit commands a monthly rent of $1050, while the upper unit contributes $1200 per month, with tenants responsible for utilities, ensuring a hassle-free investment experience. Nestled in the heart of Grand Rapids' lively west side, the duplex is steps away from trendy cafes, restaurants, and boutiques, offering a perfect blend of modern urban living and investment potential. Its strategic location places it in close proximity to esteemed educational institutions like Grand Valley State University and Calvin University, making it an excellent prospect for student housing. Take advantage of carefully maintained interiors, attractive rental incomes, and a prime location. Don't miss this outstanding opportunity to embrace contemporary living and financial prospects. Schedule your viewing today and step into the future of urban investment in Grand Rapids.

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction Alpine Ave to Richmond St, East to Quarry Ave, South to address.

Interior

Interior Features Other, Laundry Facility, Cable Available

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 8.0

Roof Type Composition

Road Frontage Paved

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Structure Type Aluminum

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411313326057

Ownership Private Owned

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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Realcomp MLS
Listed by Arnela Balkic of Blue Beacon Realty LLC
Bought with Upright Homes LLC

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