1008 Adams SE Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507
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 24062053
Year Built 1920
Annual Tax Amount $1,238
Tax Year 2023
Lot Size 5,009 Sqft
Acres 0.12
Lot Dimensions 40x125
Property Description
Great investment opportunity 2 units rental property. Tenant in 1st floor apartment has been renting for 10 years and his rent is paid in advance until August 1st, 2025, Lease expires on August 1st, 2025 as well. Property needs work but has good bones and many updates including, New roof replaced on Oct. 2023, vinyl windows, vinyl siding, 2nd floor unit space heater is 2 yrs old, 1st floor space heater is 4 years old. possession is at closing subject to tenants rights.
Location
State MI
County Kent
Area Grand Rapids - G
Direction W from 1400 block Kalamazoo Ave SE to property.
Rooms
Basement Michigan Basement
Interior
Heating Space Heater
Cooling None
Fireplaces Number 1
Laundry None
Exterior
Utilities Available Natural Gas Available,Natural Gas Connected,Water Available,Sewer Available
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-18-05-176-002
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional