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1402 North Avenue NE Grand Rapids, MI $ 360,000
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$ 360,000 Get more info
1402 North Avenue NE
$ 360,000
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1402 North Avenue NE

Grand Rapids, MI, 49505
$ 360,000
Baths0.0

Monthly Estimate*

$ 2,156

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $360,000. This home was built in 1890 on a lot size of 0.01.

Address: 1402-1404 North NE This property is a rare opportunity offering three units: a duplex and a fully renovated single-family property. Perfect for house hacking or investing. Unit Breakdown 1404 (Single-Family Home) Renovation: Fully renovated to the studs in 2022. Features: All brand-new stainless steel appliances. New HVAC and central air. Fully updated electrical, plumbing, and windows. Current Rent: $1,600 per month (below market). 1402 (Duplex) Lower Unit: 2 bedrooms, 2 bathrooms. Current Rent: $900 per month. Upper Unit: 1 bedroom, 1 bathroom. Current Rent: $1,000 per month. Current Rent Total: $1,900 per month (combined for both units). This home is in a targeted area of Grand Rapids and is eligible for a $15,000 grant towards the purchase

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Multi-Family Active

Price

$ 360,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,711

Style

2 to 4 Units

Lot Size

0.01

Year Built

1890

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24033185
Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Water Available Sewer Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Construction Materials Vinyl Siding
Year Built 1890
Tenant Pays Electric Gas
Township City of Grand Rapids
Property SubType 2 to 4 Units
Tax Year 2023
County Kent
New Construction N
Property Type Multi-Family
Status Active
Directions N Off Leonard On North.
City Grand Rapids
High School District Grand Rapids
Zoning Description Res Improved
NumberOfUnitsTotal 3
MLS Area Grand Rapids - G
Lot Size Units Square Feet
Lot Size Square Feet 324.0
Waterfront Y/N N
Terms VA Loan MSHDA FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4711.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 81
Standard Status Active
Tax Assessed Value 90500
Legal Description S 44.87 FT OF LOT 1 BLK 2 & S 19.87 FT OF LOT 2 BLK 2* PAGE S SUBDIVISION* OF BLOCKS 16 & 17 STEWART & IVES ADDITION
Senior Community None
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Interior
Basement Crawl Space Full
Total Fireplaces 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Laundry Room
Electric On Property Y/N N
Total Baths 0
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Exterior
Total Parking 0.0
Lot Size Area 324.0
Number of Buildings 2
Spa N
Lot Dimensions 44x49x25x49x19x99
Lot Size Acres 0.01
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1402
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* Excluded Features
List By
Bellabay Realty (Kentwood)

Broker

kevin@bydesigncontracting.com

Email

Affordability Calculator

$2,549
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,156
Monthly Property Taxes
$393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/28/2024$360,000 Listed Price

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1402 North Avenue NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $360,000 with a lot size of 0.01. 1402 North Avenue NE is a studio with 0.0 baths and was built in 1890. The property's zip code is 49505 which is in Grand Rapids, MI

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