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Jim Blehm

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

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5961 59-61 Grand Ave NE , Grand Rapids, MI 49503
$550,000
Est. Payment: $1,222.22/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 1
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g170603 - gogle2213
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Now offering the perfect addition to your investment portfolio! 59-61 Grand is a large side-by-side, fully occupied duplex in the heart of Grand Rapids. Each 3 bed 1.5 bath unit is complete with beautiful original hardwoods, high ceilings, updated kitchens & bathrooms. Large front porch and back deck provide additional living & entertainment space. The property has been well-cared for and is ready for new owners. The combination of location, convenient layout and side-by-side setup makes this a gem for renters & owners alike. Walking distance to local restaurants, bars, shops, and all that the vibrant Heritage Hill neighborhood has to offer. This property offers an exceptional opportunity for an investor due to the long-term leases already in place for both units.
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Highlights

Listed by Ryan Ogle , 616-901-4541 EXP Realty (Grand Rapids) , 616-901-3620.

Property Type

Multi-Family
Lot/Acreage
0.1

Year Built

1900

County

Kent

 School District

Grand Rapids

Listing ID

26049319

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Full,Michigan Basement

Exterior Features

Lot:Level,Sidewalk
Garage Capacity:4
Parking Features:Paved
Principal Interest
$1,222
Taxes
$1,125

Home Price

$550,000

Loan Details

30 yrs
%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $1,124.82 $0.00 $2,347.04
Yearly $14,666.67 $13,497.81 $0.00 $28,164.48
Total $440,000.00 $404,934.30 $0.00 $844,934.30

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.