Grand Rapids, MI 49507 125 Griggs Street SW
$199,900
Presented By: David VanDam at Five Star Real Estate (Grandv) - (616) 257-1500
Home Details
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981
Presented By: David VanDam at Five Star Real Estate (Grandv) - (616) 257-1500
Interior Features for 125 Griggs Street SW
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 125 Griggs Street SW
Additional Parcels Y/NNo
Attached Garage No
CityGrand Rapids
Construction MaterialsWood Siding
CountyKent
DirectionsNorth off Burton on Division, west off Division on Griggs to 125 Griggs SW.
Electric On Property Y/NNo
HeatingGravity, Space Heater
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 44* B F BARENDSEN SECOND ADDITION
Lot Size Square Feet7013.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-30T14:21:10Z
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
OwnerPaysWater, Sewer
PossessionSubject To Tenant Rights
Property SubType2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1457.0
Tax Assessed Value29115
Tax Year2024
Tenant PaysElectric, Trash Collection, Gas
TermsCash, Conventional
TownshipCity of Grand Rapids
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Storm Sewer
Waterfront Y/NNo
Year Built1929
Zoning DescriptionRes Improved
Exterior for 125 Griggs Street SW
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50' x 140'
Lot FeaturesLevel
Lot Size Acres0.16
Lot Size Area0.16
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway
Road Surface TypePaved
SpaNo
Total Parking0.0
Additional Details
Price History
Geri Rose
Real Estate Broker
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