$335,000
$354,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
714 & 716 Butterworth Street SW Grand Rapids, MI 49504
2 Beds
9,583 Sqft Lot
Key Details
Sold Price $335,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024045388
Sold Date 01/03/25
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1890
Annual Tax Amount $2,552
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 60.16x128.95
Property Description
714 & 716 Butterworth features two homes on one lot with great rental history to GVSU students. Tenant leases in effect until 9/30/25 and 7/31/25. Recent updates include new roof in 2022, water heaters in 2013/2024, windows 2010, furnace 2013, electrical upgrades 2013. 716 Butterworth: This spacious home offers 4 bedrooms and 1.5 bathrooms, currently generating $2,000 per month in rent.714 Butterworth: A well-maintained residence with 3 bedrooms and 1.5 bathrooms, bringing in $1,575 per month. Located in a prime rental area, this property is ideally situated near Grand Valley State University and downtown Grand Rapids. Both units boast strong rental histories and are positioned close to significant new developments.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Take I-196 W to Market Ave SW in Grand Rapids. Take exit 85A from US-131 S Merge onto I-96 W Keep left to continue on I-196 W, follow signs for Downtown Gd Rpds/Holland/G R Ford Fwy Use the left lane to take exit 77B to merge onto US-131 S toward Kalamazoo, Take exit 85A for Market Ave, Continue on Market Ave SW. Take Wealthy St SW to Butterworth St SW.
Interior
Interior Features Laundry Facility
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 4.0
Roof Type Composition
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411325352004
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Keystone Home Group Realty LLC