343 Spencer Street NE Grand Rapids, MI ^$ 279,900

343 Spencer Street NE

^$ 279,900

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343 Spencer Street NE

Grand Rapids, MI, 49505

^$ 279,900

Studio Baths0.0

Monthly Estimate*

^$ 1,676

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $279,900. This home was built in 1905 on a lot size of 0.13.

Don't miss this 2-unit duplex in the Creston neighborhood, a rapidly developing area of Grand Rapids, MI. Unit 1 offers 3 bedrooms, 1 bath, and over 1,000 sq ft, poised to generate $1,400+/month. Unit 2 features a unique two-story layout with 2 bedrooms, 1 bath, including a loft-style bedroom on the third floor, and is also over 1,000 sq ft, expected to bring in $1,300+/month. With Creston booming and new apartment complexes underway, now's the perfect time to invest in a growing community. Secure your stake in this vibrant neighborhood today!

Multi-Family Pending

Price

^$ 279,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,072

Style

2 to 4 Units

Lot Size

0.13

Year Built

1905

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24047958

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Utilities Natural Gas Available Natural Gas Connected Electricity Connected

Possession Close Of Escrow

Roof Composition

Construction Materials Vinyl Siding

Year Built 1905

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 Pending

Directions N Of Leonard E Off Plainfield

City Grand Rapids

High School District Grand Rapids

Zoning Description RES

NumberOfUnitsTotal 2

MLS Area Grand Rapids - G

Lot Size Units Acres

Lot Size Square Feet 5750.0

Waterfront Y/N N

Terms VA Loan FHA Cash Conventional

Land Lease Y/N N

Tax Annual Amount 3072.0

Lease Renewal Y/N N

MLS Area Minor Grand Rapids - G

Additional Parcels Y/N N

Rent Control Y/N N

Virtual Tour https://www.zillow.com/view-imx/c3eb0139-f5bd-403a-8266-4bb98e1ce396?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Days on Market 3

Standard Status Pending

Tax Assessed Value 46984

Legal Description LOT 24 BLK 13* A L SKINNER S ADDITION

Senior Community None

Interior

Basement Crawl Space Michigan Basement

Total Fireplaces 1

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Laundry Features Electric Dryer Hookup In Unit Main Level See Remarks Washer Hookup

Electric On Property Y/N N

Total Baths 0

Exterior

Total Parking 0.0

Lot Size Area 0.13

Number of Buildings 1

Spa N

Lot Dimensions 50X115

Lot Size Acres 0.13

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 343

* Excluded Features

List By

Bellabay Realty Llc

Broker

joelhorstrealtor@gmail.com

Affordability Calculator

$1,932

Per Month

Monthly Principal & Interest: $1,676
Monthly Property Taxes: $256
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$371,506

Percent of Sale Price 33%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

250213 Elementary School

249218 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/11/2024	$279,900		Listed Price

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343 Spencer Street NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $279,900 with a lot size of 0.13. 343 Spencer Street NE is a studio with 0.0 baths and was built in 1905. The property's zip code is 49505 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 9/21/2024.

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343 Spencer Street NE

Multi-Family Home for sale in Grand Rapids, MI

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