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$ 260,000
Est. payment /mo
Price Dropped by $10K
1069 Quarry Avenue Grand Rapids, MI 49504-4227
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $130
Subdivision Mi
MLS Listing ID 70433750
Year Built 1900
Annual Tax Amount $2,389
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 58 x 125
Property Sub-Type Multi-Family
Property Description
This property offers a prime investment opportunity. The first unit (vacant) features a spacious layout with 4 bedrooms and 2 full bathrooms, while the second unit (vacant) is an efficient 1-bedroom, 1-bathroom unit. The most recent rents were at $1,395 for the 4-bedroom and $900 for the 1-bedroom ($2,295 total). Lots of room is available for off-street parking on the side and in the back of the house. Situated on a quiet, tree-lined street, 1069 Quarry Ave NW is just minutes away from the vibrant amenities of Alpine Ave and Leonard St, known for their popular restaurants, cafes, and shops.Both units are vacant and will require some repairs to make them ready for rental. (Photos shown are not current), but there is lots of potential here!
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
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