Grand Rapids, MI 49507,1014-1016 Burton Street SE
$265,000
$265,000
Est.Price: ?

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2 BD

1014-1016 Burton Street SE Grand Rapids, MI 49507

Est. payment /mo
SOLD DATE : 09/15/2023

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Key Details

Sold Price $265,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alger

MLS Listing ID 65023029872

Sold Date 09/15/23

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1933

Annual Tax Amount $2,250

Lot Dimensions 1

Property Description

Great investment opportunity with this brick two unit on the edge of Alger Heights! Side by side townhouse style units with 3 beds 1.5 baths on both sides (3rd bedrooms have no closets). Wood floors, newer boiler units, newer water heaters, and all separate utilities. All city certificates up to date. Long term renters who have been there for 10+ years and currently on month to month leases with rents guaranteed and direct deposited from Wyoming Housing Commission. Tenants take good care of units and care for the lawn. Parking for 4 behind on the alley. Great opportunity to purchase and cash flow immediately! Owner is licensed real estate broker in the state of Michigan

Location

State MI

County Kent

Area Grand Rapids

Zoning Other

Direction Burton West of Kalamazoo, turn down Alto to access the alley on your right. Parking behind units.For showings you may want to park on the side streets (Blaine or Alto) and walk in as tenants cars may be in the parking area.

Interior

Interior Features Cable Available

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Roof Type Composition

Road Frontage Paved, Pub. Sidewalk

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick,Stucco

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411808126004

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Kenneth E Smith of Homestead Realty of W Michigan
Bought with Homestead Realty of W Michigan

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agent

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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