523 La Grave Avenue SE, Grand Rapids, MI 49503
$690,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
14,400
Status:
Active
Current Price:
$690,000
List Date:
11/16/2023
Last Modified:
2/20/2024
Description
DEVELOPMENT OPPORTUNITY. Walking distance to Trinity Health. Located in an active redevelopment area with many new homes and condos. Large 3 story structure at 523 La Grave SE, possible 2-3 units with City approval required. Two adjoining vacant lots. Renovate and build, or demo and build all new like the condos at 514-518 Sheldon SE.
More Information MLS# 23142342
Location & Property Info
County: Kent
Street #: 523
Street Name: La Grave
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Cross Streets: Wealthy and La Grave
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $690,000
List Price: $690,000
Auction or For Sale: For Sale
List Price/SqFt: 136.9
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: $
Listing Date: 2023-09-13
General Property Info
Lot Measurement: Acres
Lot Square Footage: 14400
Lot Acres: 0.33
Lot Dimensions: 120' x 120'
Year Built: 1900
New Construction: No
Cert of Compliance: No
Road Frontage: 120
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 5040
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41143110501019
Taxable Value: 22089
SEV: 114600
For Tax Year: 2023
Annual Property Tax: 1106.25
Tax Year: 2023
Spec Assessment & Ty: none
Zoning: residential
Remarks & Misc
Directions: Travel to Wealthy at La Grave and turn south.
Legal: Lot 14, 15 & 16 Block 4, Wenham's Addition to the City of Grand Rapids
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit Description: first floor
SqFt: 1260
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: second floor
SqFt: 1260
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone Line
Util Avail at Street: Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Tenant Storage
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Concrete
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Sale Conditions: None
Listing Office: Schaefer Real Estate
Listing Agent: Bernard Schaefer
Last Updated: February - 20 - 2024
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