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Jim Blehm

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

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859 Butterworth St SW , Grand Rapids, MI 49504
$329,900
Est. Payment: $733.11/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 36
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g168100 - gthom0844,gsnyd3149
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

Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.
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Highlights

Listed by Jacob Thomas , 616-710-2004 and Brittany L Thomas , 616-813-3274 United Realty Services LLC , 616-965-2304.

Property Type

Multi-Family
Lot/Acreage
0.2

Year Built

1890

County

Kent

 School District

Grand Rapids

Listing ID

26042093

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Interior Features

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

Exterior Features

Lot:Sidewalk
Garage Capacity:5
Sewer:Public Sewer
Principal Interest
$733
Taxes
$198

Home Price

$329,900

Loan Details

30 yrs
%

Down Payment

20%
$65,980
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:
$733.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $733.11 $197.56 $0.00 $930.67
Yearly $8,797.33 $2,370.73 $0.00 $11,168.06
Total $263,920.00 $71,121.90 $0.00 $335,041.90

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.