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Off market

Buy a multi-family propertyat 469 Crescent Street NE, Grand Rapids, MI 49503

$575,000

$0/mo

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Multifamily

7,754 Sq. Ft. lot

687 Days on market

23021467 MLS ID

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About 469 Crescent Street NE multi-family property

Welcome to a fantastic opportunity in the heart of Heritage Hill, one of Grand Rapids' most sought-after neighborhoods. This multi-family property at 469 Crescent Street offers four units, two currently occupied and two that are move in ready. Three of the units have two bedrooms and one bath and the fourth unit is a spacious one bedroom and one bath. The location is unbeatable, with easy access to hospitals, downtown, parks, restaurants, and entertainment options. The market rent for this property is around $5800 a month, making it an excellent investment opportunity. Don't miss out on this chance to own an income-producing property! Don't miss out on this chance to own an income-producing property in one of Grand Rapids' most desirable neighborhoods! Any and all offers are due Tuesday, June 27th at 3pm.
Welcome to a fantastic opportunity in the heart of Heritage Hill, one of Grand Rapids' most sought-after neighborhoods. This multi-family property at 469 Crescent Street offers four units, two currently occupied and two that are move in ready. Three of the units have two bedrooms and one bath and the fourth unit is a spacious one bedroom and one bath. The location is unbeatable, with easy access to hospitals, downtown, parks, restaurants, and entertainment options. The market rent for this property is around $5800 a month, making it an excellent investment opportunity. Don't miss out on this chance to own an income-producing property! Don't miss out on this chance to own an income-producing property in one of Grand Rapids' most desirable neighborhoods! Any and all offers are due Tuesday, June 27th at 3pm.

Property details

Property Access

Road Surface Type: "Paved"

Basement

Basement: "Michigan Basement"

House

Construction Materials: "Wood Siding"

Number Of Buildings: 1

Number Of Units Total: 4

Year Built: 1875

Fireplaces

1 total fireplace

Heating

Heating: "Forced Air", "Natural Gas"

Heating Included

Listing

Listing Contract Date: 2023-06-21

Listing Id: 23021467

Listing Terms: "Cash", "Conventional", "Other"

Mls Status: Pending

Modification Timestamp: 2023-06-28 15:44:44

Off Market Date: 2023-06-27

On Market Date: 2023-06-21

Purchase Contract Date: 2023-06-27

Standard Status: Pending

Status Change Timestamp: 2023-06-28 15:44:07

Location

City: Grand Rapids

State Or Province: MI

County Or Parish: Kent

Postal Code: 49503

MLS Area Major: Grand Rapids - G

MLS Area Minor: Grand Rapids - G

Lot

Features: "Sidewalk"

0.18 acres

Area: 0.18

Dimensions: 56.02 X 98.75

7,754 square feet

Owner Pays

Owner Pays: "Water"

Parking

Features: "Paved"

Parking Total: 2

Property

Parcel Number: 41-14-30-201-014

Property Sub Type: 2 to 4 Units

Topography: "Level":"1"

Roof

Roof: "Composition"

Schools

Middle Or Junior School District: Grand Rapids

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: $7,278

Tax Year: 2022

Tenant Pays

Tenant Pays: "Gas"

Utilities

Water Source: "Public"

Monthly cost

Estimated monthly cost

$4,038/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$540,500

+$17,250

$557,750

Seller agent commission$17,250 (3%)*

$0 (0%)

Buyer agent commission$17,250 (3%)*

$17,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:34 p.m.

Data updated: Jun 28, 2023 at 4:07 p.m.

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