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Jim Blehm

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

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945 Sheridan Ave SW , Grand Rapids, MI 49503
$295,000
Est. Payment: $655.56/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 22
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House Description

Multi-unit investment property in Grand Rapids offering solid income-producing potential. This 2 unit building provides an excellent platform for ownership-focused buyers seeking diversified real estate assets. The configuration allows for multiple revenue streams while maintaining a single, manageable property. Positioned in Michigan's second-largest city, this holding delivers both practical utility and long-term appreciation prospects for discerning investors.

Highlights

Listed by JJ Lozano , 616-422-3077 and Daniel C McCrath , 616-813-6092 Coldwell Banker Woodland Schmidt , 616-396-5221.

Property Type

Multi-Family

Year Built

1911

County

Kent

School District

Grand Rapids

Listing ID

26042672

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Basement:Michigan Basement

Exterior Features

Garage Capacity:2
Roof:Other
Parking Features:Unpaved
Principal Interest
$656
Taxes
$188

Home Price

$295,000

Loan Details

30 yrs
%

Down Payment

20%
$59,000
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:
$655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $655.56 $188.06 $0.00 $843.62
Yearly $7,866.67 $2,256.75 $0.00 $10,123.42
Total $236,000.00 $67,702.50 $0.00 $303,702.50

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.