$430,000
$399,999
7.5%For more information regarding the value of a property, please contact us for a free consultation.
851 Davis NW Avenue Grand Rapids, MI 49504
5,227 Sqft Lot
Key Details
Sold Price $430,000
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 24064172
Sold Date 02/10/25
Year Built 1898
Annual Tax Amount $7,808
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 44 x 122
Property Sub-Type 2 to 4 Units
Property Description
Don't miss your chance to own two fully remodeled, move-in-ready homes on one lot. The front house, designed as a duplex, offers incredible rental potential with 3 bedrooms and 1 full bath on each level. The main level features modern upgrades, including a dishwasher and in-unit washer and dryer, while the entire home benefits from a new furnace and a spacious basement for storage.
The back house boasts 2 bedrooms and a beautifully remodeled bathroom, complete with its own washer & dryer. Freshly painted and ready to rent, this home features a tankless water heater and furnace, both only 5 years old, along with a 5-year-old roof. With the potential to generate up to $5,000/month in rental income, this property is an investor's dream. Don't wait—opportunities like this don't last long!
Location
State MI
County Kent
Area Grand Rapids - G
Direction Lane exit, N on Lane, E on 4th, N on Davis
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplaces Number 2
Laundry In Bathroom, In Kitchen
Exterior
Parking Features Concrete, Driveway
Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Broadband
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 2
Building
Lot Description Level, Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-13-24-156-014
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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