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Jim Blehm

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

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745 Prospect Ave SE , Grand Rapids, MI 49503
$309,900
Est. Payment: $688.67/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 27
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House Description

Welcome Home! Lovely two unit investment property located in South Hill just outside Heritage Hill. Conveniently located near downtown GR happenings, restaurants and pubs on Wealthy Street, Trinity Health and easy access to expressways and bus lines. Offering solid potential for income diversification. Could be ideal owner occupied as upper unit is currently vacant. Property offers loads of old world character and charm all the way through. Main floor with 2 bedrooms, wood flooring, high 10' ceilings, ornate wood work, spacious foyer, french doors and fireplace. Upper level with 3 bedrooms, high ceilings, wood flooring, nice wood work & trim, transom window, access to unfinished 3rd floor attic. All appliances remain including double washer & dryers. Basement offers separate locked storage areas & separate laundry area for each unit. City Certified thru 5/21/30. New roof 2024, many newer windows, 2 newer water heaters, ext was painted 3 years ago. Quaint rear yard. Hurry! SEE SUPPLEMEN Seller is offering a 10k buyer concession towards repairs or closing costs. Main floor tenant has occupied the unit for 6 years. All showings must lock doors, please contact Agent 616-293-5269 for further instructions. Please show lower/occupied unit first. If you are running behind schedule please contact tenant asap, contact info in ShowingTime. Lower bedroom unable to be seen at this time. Please close front door immediately upon entering, please lock all doors upon exiting. Thank you!

Highlights

Listed by Aurelia R Becker , 616-293-5269 Pro Real Estate Services LLC , 616-293-5269.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1900

County

Kent

School District

Grand Rapids

Listing ID

26042512

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Full,Walk-Out Access

Exterior Features

Lot:Sidewalk,Corner Lot
Garage Capacity:0
Roof:Composition
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$689
Taxes
$193

Home Price

$309,900

Loan Details

30 yrs
%

Down Payment

20%
$61,980
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:
$688.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $688.67 $192.64 $0.00 $881.31
Yearly $8,264.00 $2,311.74 $0.00 $10,575.74
Total $247,920.00 $69,352.20 $0.00 $317,272.20

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.