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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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233 Hollister Ave SE , Grand Rapids, MI 49506
$339,900
Est. Payment: $755.33/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 44
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House Description

Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. The property also qualifies for valuable historic rehabilitation tax credits, offering the potential to offset renovation costs and further enhance your overall return on investment. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal opportunity for a flipper, long-term investor, or owner-occupant.

Highlights

Listed by Marcus Love , 616-710-0792 Realify Properties , 616-439-4310.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1884

County

Kent

School District

Grand Rapids

Listing ID

26032283

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Michigan Basement

Exterior Features

Garage Capacity:3
Sewer:Public Sewer
Principal Interest
$755
Taxes
$784

Home Price

$339,900

Loan Details

30 yrs
%

Down Payment

20%
$67,980
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Monthly Price:
$755.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $755.33 $783.57 $0.00 $1,538.90
Yearly $9,064.00 $9,402.83 $0.00 $18,466.83
Total $271,920.00 $282,084.90 $0.00 $554,004.90

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.