216 Elm Street SW
Grand Rapids, MI 49507

Description

Here's your opportunity to produce income from day 1! This upper/lower duplex features 1 bedrooms upstairs and three bedrooms downstairs. Upper brings in $550/month and the lower unit $1000/month. These rents are low and have room to be increased! There's 4 off-street parking spaces in the back and plenty of street parking! Residents have been long-term and overall this building has been low-maintenance and low-stress! It's also city certified through 8/2022! Seller Financing: Purchase price to be 129,000 with $12,500 down payment, 7% interest rate, $800.00 monthly payments, Payoff 1 year after close. Check it out today!

Details

MLS#19015746
Sub-TypeResale
StatusActive
Year1925
Days On Site123

Features

Units2
Building(s)1

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Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49507
AreaGrand Rapids - G
Listing VS Median (in 49507)
Price:
$109,000
low | high
Med:
$140,000
21.559633027523% of Average
On Site:
123
low | high
Med:
98
100% of Average
Listing Updated: 07/17/2019
MLS Number: 19015746
Listing Provided By:
Tanisha L Bowman  of  Bellabay Realty LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.