$535,000 $2,872 est/mo Sourced by Back At You
734 Kellogg Street SE , Grand Rapids, MI 49503
Grand Rapids, MI 49503
Description
Rare opportunity to own a 4-unit apartment building in Cherry Hill historic district! Location can't be beaten, you're within walking distance to shops, restaurants and directly behind the newly renovated Cherry Park. There is coin-operated laundry (Property owned) in the basement. Value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense and raise rents to market rate.. This property has tons of updates and capital improvements. Featuring a newer roof, windows, on demand boiler and hot water heater. Don't miss this opportunity to own in the Cherry Hill district.
Details
| MLS# | 24050353 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1910 |
| Days On Site | 15 |
| Listing Provided By | MOXIE Real Estate + Development | Shawn Jacobs |
Features
| Basement | Y |
|---|---|
| Units | 4 |
| Building(s) | 1 |
| Zoning | Tn-mdr |
| Acreage | 0.09 |
Market Activity 49503
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Learn More About This Property
| State | MI |
|---|---|
| County | Kent |
| City | Grand Rapids |
| Zip Code | 49503 |
| Area | Grand Rapids G |
| Subarea | G |
| School District | Grand Rapids |
| Listing VS Median (in 49503) | |
Price: $535,000 low | high Med: $319,950 On Site: 15 low | high Med: 23.500000 | |
Listing Updated: October 1, 2024 at 11:11:07 AM PDT