821 Douglas NW Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25001446
Year Built 1908
Annual Tax Amount $2,536
Tax Year 2024
Lot Size 0.303 Acres
Property Sub-Type 5+ Units
Property Description
A 7-unit opportunity you have been waiting for in NW Grand Rapids next to Bridge St which as you know has been the hottest place to own an investment in Grand Rapids. Conveniently located near Grand Valley State University these units have attracted young professionals and students. In addition to being close to the college many new bars and restaurants are within walking distance. This listing includes two parcels sharing a lot line. 821 is a 4 unit and consist of four 2 bed 1 bath identical units, the 827 is a 3 unit. One 3 bed and two 1 bed units. All units are updated and some have been completely remodeled. Newer roof, replacement windows, furnace replacements, separate utilities and fully occupied. This property is professionally managed for 15yrs. Gross rent $8560.0
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Forced Air,Space Heater
Cooling None
Fireplaces Number 2
Laundry Common Area,In Unit
Exterior
Parking Features Driveway,Gravel
Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected,Cable Connected,Water Available,Sewer Available,Storm Sewer
View Y/N No
Roof Type Composition,Rubber
Building
Lot Description Sidewalk,Corner Lot
Sewer Public Sewer
Structure Type Aluminum Siding,Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional