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$299,900
Est. payment /mo
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $199
MLS Listing ID 65026055023
Year Built 1900
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type MultiFamily
Property Description
Substantial capital improvements, established rental income, and additional revenue potential make 247 Sweet Street NE an attractive investment opportunity. Located in Grand Rapids' revitalizing Creston neighborhood near the growing Plainfield Avenue corridor, this fully leased duplex offers convenient access to dining, shopping, and downtown. Significant capital improvements include a new main and flat roof with decking (2024), replacement of the exterior stairs and deck serving the upper unit, driveway drainage enhancements, exterior siding repairs and painting, interior updates, and mechanical servicing. These investments help reduce near term maintenance and capital expenditures compared to properties requiring similar improvements. Situated on a 6,229 sq. ft. lot, the property features a four-stall garage with potential for additional rental or storage income, subject to zoning verification.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Interior Features Storage
Heating Hot Water, Natural Gas
Fireplace No
Exterior
Parking Features Garage, Paved
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Listed by Julie A ONeill of 616 Realty LLC
NEARBY SCHOOLS & PROPERTIES
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