$275,000
$225,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
507 Union SE Avenue Grand Rapids, MI 49503
6,229 Sqft Lot
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24043364
Sold Date 09/23/24
Year Built 1895
Annual Tax Amount $2,489
Tax Year 2024
Lot Size 6,229 Sqft
Acres 0.14
Lot Dimensions 50 x 125
Property Sub-Type 2 to 4 Units
Property Description
Great investment opportunity!Historic Heritage Hill 2-unit property, needs repair but priced accordingly. The lower unit features 2 bedrooms, large living room and dining room and fireplace. The upper unit has 5 bedrooms. There are two coin operated washer and dryers in the basement, 2 additional showers, a new water heater, and plenty of storage space. Tenants currently rent by the room on a weekly basis. 24 hour notice required; showings Tuesday - Sunday, 9am-3pm only. Seller directs listing agent to hold all offers until Friday 8/23/24 at noon.
Location
State MI
County Kent
Area Grand Rapids - G
Direction Wealthy & Madison. E on Weathly. S on Union.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Fireplaces Number 1
Laundry In Basement, See Remarks
Exterior
Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-31-208-020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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