821 Douglas Street new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504-5543
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70448106
Year Built 1908
Annual Tax Amount $2,536
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 100*132
Property Description
A 7-unit opportunity you have been waiting for in NW Grand Rapids next to Bridge St which as you know has been the hottest place to own an investment in Grand Rapids. Conveniently located near Grand Valley State University these units have attracted young professionals and students. In addition to being close to the college many new bars and restaurants are within walking distance. This listing includes two parcels sharing a lot line. 821 is a 4 unit and consist of four 2 bed 1 bath identical units, the 827 is a 3 unit. One 3 bed and two 1 bed units. All units are updated and some have been completely remodeled. Newer roof, replacement windows, furnace replacements, separate utilities and fully occupied. This property is professionally managed for 15yrs. Gross rent $8560.0
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air,Space Heater
Cooling None
Exterior
Exterior Feature Aluminum,Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement
Water Public Water
Structure Type Aluminum,Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional