510-514 Glenwood Avenue SE Grand Rapids, MI $ 475,000
510-514 Glenwood Avenue SE
$ 475,000
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510-514 Glenwood Avenue SE

Grand Rapids, MI, 49506
$ 475,000
Baths0.0

Monthly Estimate*

$ 2,845

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $475,000. This home was built in 1880 on a lot size of 0.2.

Rare opportunity to own a 3 unit (duplex and SFD) in a prime Eastown location on the border of East GR. Large units with a great rental history. Owners are also selling their duplex next door. Here is your chance to invest in quality rental property the will deliver returns for years to come.

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,010

Style

2 to 4 Units

Lot Size

0.2

Year Built

1880

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24044691

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1880
Tenant Pays Electric Gas
Township City of Grand Rapids
Property SubType 2 to 4 Units
Tax Year 2024
County Kent
New Construction N
Property Type Multi-Family
Status Active
Directions South off of Lake Drive just east of Wealthy
City Grand Rapids
High School District Grand Rapids
Zoning Description Multi
NumberOfUnitsTotal 3
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 8581.0
Waterfront Y/N N
Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3010.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 20
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 60719
Legal Description LOT 6 & N 5 FT OF LOT 7* B F WASHBURN S SUBDIVISION
Senior Community None
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Interior
Basement Full
Total Fireplaces 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Sidewalk
Total Parking 4.0
Lot Size Area 0.2
Number of Buildings 2
Spa N
Lot Dimensions 65 x 132
Lot Size Acres 0.2
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 510514
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* Excluded Features
List By
Greenridge Realty (Egr)

Broker

kirchjr@grar.com

Email

Affordability Calculator

$3,096
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,845
Monthly Property Taxes
$251
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
Pricing History
DatePricePrice ChangeDescription
8/26/2024$475,000 Listed Price

Map


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510-514 Glenwood Avenue SE, Grand Rapids, MI, 49506 is a Multi-Family Home for sale at $475,000 with a lot size of 0.2. 510-514 Glenwood Avenue SE is a studio with 0.0 baths and was built in 1880. The property's zip code is 49506 which is in Grand Rapids, MI