1035 Wealthy SE Street Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49506
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $220
MLS Listing ID 25012441
Bedrooms 3
Full Baths 2
Year Built 1900
Annual Tax Amount $7,372
Tax Year 2024
Lot Size 2,614 Sqft
Property Sub-Type Single Family Residence
Property Description
A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units: ✖️Residential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck. ✖️Commercial Unit: Currently leased to Scorpion Coffee, offering a well-designed space with a side yard patio. Situated in the heart of Eastown, one of Grand Rapids' most vibrant neighborhoods, the area is known for its historic architecture, walkability, and diverse mix of local businesses. Nearby, you'll find popular spots like Terra GR, The Electric Cheetah, Harmony Brewing Company, Yesterdog, and Wolfgang's Restaurant, along with a variety of boutiques and community spaces. ✖️pro forma Cap Rate: ~8.9%.
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Forced Air
Laundry Upper Level
Exterior
View Y/N No
Building
Story 2
Sewer Public
Water Public
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional