Great investment opportunity 2 units rental property. Tenant in 1st floor apartment has been renting for 10 years and his rent is paid in advance until August 1st, 2025, Lease expires on August 1st, 2025 as well. Property needs work but has good bones and many updates including, New roof replaced on Oct. 2023, vinyl windows, vinyl siding, 2nd floor unit space heater is 2 yrs old, 1st floor space heater is 4 years old. possession is at closing subject to tenants rights.
Property Details
Price:
$169,900
MLS #:
24062053
Status:
Active
Beds:
0
Baths:
0
Address:
1008 Adams Street SE
Type:
Single Family
Subtype:
2 to 4 Units
City:
Grand Rapids
Listed Date:
Jan 7, 2025
State:
MI
ZIP:
49507
Lot Size:
5,009 sqft / 0.12 acres (approx)
Year Built:
1920
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Schools
School District:
Grand Rapids
Interior
Cooling
None
Fireplaces Total
1
Heating
Space Heater
Laundry Features
None
Exterior
Construction Materials
Vinyl Siding
Parking Spots
4
Roof
Composition
Financial
Tax Year
2023
Taxes
$1,238
Map
Community
- Address1008 Adams Street SE Grand Rapids MI
- CityGrand Rapids
- CountyKent
- Zip Code49507
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