$195,000
$199,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
620 Liberty Street SW Grand Rapids, MI 49503
2 Beds
4,791 Sqft Lot
Key Details
Sold Price $195,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024015962
Sold Date 05/16/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1925
Annual Tax Amount $1,468
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40' x 115'
Property Description
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 1 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 2 bedroom, 1 bath, current rent is $1,400 per month. Total rents are $2,500 per month! Each unit has a kitchen with eating area. Large backyard, and off street parking. Roof is 8 years old, Furnace 5 years old and 1 newer water heater per owner. Separate utilities. Property is near a major bus line and grocery store. Don't miss this one! Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller is selling 3 other properties. MLS 24015903, MLS 24015907 & MLS 24015981.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Take Ceasar E. Chavez Ave south of Hall St to Liberty. Turn East on Liberty to home.
Interior
Interior Features Cable Available
Heating Forced Air, Space Heater
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Storm Drain
Water Public (Municipal)
Structure Type Wood
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411701128009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Blue Beacon Realty LLC