MI > Grand Rapids
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
Grand Rapids, MI 49507,1899 Palace SW Avenue
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Jeff Northouse

Jeff Northouse

+1(616) 366-5240
$ 219,900
Est. payment | /mo

5,227 Sqft Lot

Save
$ 219,900
Est. payment | /mo
Save

5,227 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 24041905

Year Built 1895

Annual Tax Amount $66,200

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40*131

Property Description

Investment Opportunity! Enjoy a combined rent of $2,295 with this occupied property, with tenants in-place until 2025. Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids! Both units are occupied: Unit #1 is rented for $1,295/month until 03/31/25, and Unit #2 is rented for $1,000/month until 05/31/25

Location

State MI

County Kent

Area Grand Rapids - G

Direction Burton St to Palace Av, north on Palace to property

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Water Available, Sewer Available, Storm Sewer, 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 41-17-01-452-051

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

Listed by United Realty Services LLC
Jeff Northouse

Agent | License ID: 6501236995

+1(616) 366-5240 | jeff42north@gmail.com

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1899 Palace SW Avenue