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1247 Sherman Street SE Grand Rapids, MI $ 397,900
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$ 397,900 Get more info
1247 Sherman Street SE
$ 397,900
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Share Save

1247 Sherman Street SE

Grand Rapids, MI, 49506
$ 397,900
Baths0.0

Monthly Estimate*

$ 2,383

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $397,900. This home was built in 1922 on a lot size of 0.12.

Check out this hard to find great side by side 2 unit! Prime location close to Eastown, many local favorite restaurants & Downtown Grand Rapids entertainment venues. Each units boasts a large living area, 3 bedrooms & 1.5 baths. The large kitchens has tons of storage & plenty of counter space. Vinyl plank flooring on main floor. Each unit has a full private basement with tall ceilings. Central air is1 year old. The property has off street parking & additional parking in the rear. 1247 Sherman SE rents for $1,695per month. 1249 Sherman SE is currently vacant but recently rented for $1,900 per month. Separate gas & electric meters. Tenants pay for gas and electric. 1247 Sherman SE will be vacant by 9/30/2024.

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Multi-Family Active

Price

$ 397,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,496

Style

2 to 4 Units

Lot Size

0.12

Year Built

1922

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24039668
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Water Available Sewer Available Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Brick Wood Siding
Year Built 1922
Tenant Pays Electric Trash Collection Gas
Township City of Grand Rapids
Property SubType 2 to 4 Units
Tax Year 2024
County Kent
New Construction N
Property Type Multi-Family
Attached Garage N
Status Active
Directions Take Fuller south of Wealthy to Sherman. Turn East on Sherman to 1247 Sherman SE.
City Grand Rapids
High School District Grand Rapids
Zoning Description RESIDENTIAL-IMP
NumberOfUnitsTotal 2
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 5009.0
Waterfront Y/N N
Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 7496.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 27
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 148300
Legal Description LOT 20* ANDERSEN & WANDEL S SUBDIVISION* OF LOTS 169 TO 186 INCLUSIVE OF KELLOGG & BEMIS ADDITION
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Level Sidewalk
Total Parking 2.0
Lot Size Area 0.12
Number of Buildings 1
Spa N
Lot Dimensions 40' x 125'
Lot Size Acres 0.12
Road Surface Type Paved
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 1247
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* Excluded Features
List By
Five Star Real Estate (Grandv)

Broker

david@davidvandamrealtor.com

Email

Affordability Calculator

$3,008
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,383
Monthly Property Taxes
$625
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
9/17/2024$397,900 -0.50% Price Down
8/6/2024$399,900 -5.91% Price Down
8/1/2024$425,000 Listed Price

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1247 Sherman Street SE, Grand Rapids, MI, 49506 is a Multi-Family Home for sale at $397,900 with a lot size of 0.12. 1247 Sherman Street SE is a studio with 0.0 baths and was built in 1922. The property's zip code is 49506 which is in Grand Rapids, MI

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