1021-1023 Sheridan Avenue SW
Grand Rapids, MI 49503
#65024037018
Description
Great investment opportunity to own a duplex and single family house right next to each other on two separate parcels. All three units are currently rented month-to-month for $4,450 per month. Electric and gas are individually metered for each unit. Water/sewer is shared for all three units. Certificate of compliance issued by the city until 9/23/2026. Take advantage of the cash flow already established and the possibility to sell the properties separately in the future. Or live in one unit and have the other two units pay the mortgage. 1021 is a 4 bedroom, 1 1/2 bathroom single family. 1023 is a upper/lower duplex, each with 2 bedrooms and 1 bathroom. Both buildings have new roofs and attic venting in 2022. Tax information is for both parcels - 41-13-36-380-025 and 41-13-36-380-026.
Interior Details
- HeatingForced Air
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1900
Community and Neighborhood Details
- School DistrictGrand Rapids
- RegionGrand Rapids
- ZoningResidential
- CountyKent
Financial Details
- Original List Price$400,000
Other
- MLS #65024037018
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Cassandra Beyer (#65142534078378)
Listing Office: Charter Properties (#652726845499)
Listing Courtesy (Buyer)
Buyer's Agent: Kim A Bulow (#66132018264196)
Buyer's Office: Berkshire Hathaway HomeServices MI (#662646871498)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
