106 SE Prospect Avenue, Grand Rapids, MI 49503 (MLS# 24055575)

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106 SE Prospect Avenue, Grand Rapids, MI 49503

$1,875,000
Property Type: Multi Family Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $1,875,000 List Date: 10/22/2024 Last Modified: 10/22/2024

Description

This Listing Is For 2 Neighboring Multifamily Properties In Heritage Hill Totaling 12 Units. 106 Prospect - 9 Units And 344 Washington - 3 Units With Driveway & Garage. Within Walking Distance To Downtown Grand Rapids, Medical Mile, Mary Free Bed, Trinity Health, GRCC & Kendall. Commercial Loan Or Cash Only.

More Information MLS# 24055575

Location Property Info

County: Kent Street #: 106 Street Direction: SE Street Name: Prospect Suffix: Avenue State: MI Zip Code: 49503 Area: Grand Rapids - G

OfficeContract Info

Status: Active Current Price: $1,875,000 List Price: $1,875,000 Listing Date: 2024-10-22

General Property Info

Lot Measurement: Acres Lot Square Footage: 6534 Lot Acres: 0.15 Lot Dimensions: IRREG Year Built: 1880 New Construction: No Cert of Compliance: Yes Road Frontage: 128 Total # Units: 12 # of Diff Unit Floor Plans: 12 Total # Bldgs: 2 Total Parking Spaces: 2 Waterfront: No School District: Grand Rapids

Tax Info

Tax ID #: 411430331001 Taxable Value: 324079 SEV: 687400 For Tax Year: 2023 Annual Property Tax: 18019.37 Tax Year: 2023 Spec Assessment & Ty: N Zoning: 201 Comm Improv

Remarks Misc

Directions: GPS - Fulton ST E, S On Prospect To Washington.

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 344 #1 1 bed SqFt: 800 Occupied: Yes Monthly Rent: 900 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 2

Unit Description: 344 #2 2-3 Bed SqFt: 1600 Occupied: Yes Monthly Rent: 1300 Bedrooms: 2 Bathrooms: 2 Full Baths: 2

Unit 3

Unit Description: 344 #3 3-4 Bed SqFt: 1044 Occupied: Yes Monthly Rent: 1200 Bedrooms: 3 Bathrooms: 2 Full Baths: 2

Unit 4

Unit Description: 106 #1 1 bedroom SqFt: 500 Occupied: Yes Monthly Rent: 900 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 5

Unit Description: 106 #2 studio SqFt: 500 Occupied: Yes Monthly Rent: 850 Bathrooms: 1 Full Baths: 1

Unit 6

Unit Description: 106 #3 1 bedroom SqFt: 500 Occupied: No Monthly Rent: 800 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 7

Unit Description: 106 #4 Studio SqFt: 500 Occupied: Yes Bathrooms: 1 Full Baths: 1 Monthly Rent: 850

Unit 8

Unit Description: 106 #5 studio SqFt: 500 Occupied: Yes Monthly Rent: 750 Bathrooms: 1 Full Baths: 1

Unit 9

Unit Description: 106 #6 studio SqFt: 500 Occupied: Yes Monthly Rent: 700 Bathrooms: 1 Full Baths: 1

Unit 10

Unit Description: 106 #7 1 bedroom SqFt: 500 Occupied: Yes Monthly Rent: 750 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 11

Unit Description: 106 #8 SqFt: 500 Occupied: Yes Monthly Rent: 750 Bathrooms: 1 Full Baths: 1

Unit 12

Unit Description: 106 #9 studio SqFt: 500 Occupied: Yes Monthly Rent: 725 Bathrooms: 1 Full Baths: 1

Property Features

Exterior Material: Wood Siding Substructure: Michigan Basement Sewer: Public Water: Public Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Broadband Extras: Garages Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Window Unit(s) Terms Available: Cash; Other Sale Conditions: None
Listing Office: Five Star Real Estate (Chicago Dr)
Listing Agent: Nicole Wright
Last Updated: October - 22 - 2024
106 SE Prospect Avenue, Grand Rapids, MI 49503- MLS# 24055575
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