30
See all 30 photos
$219,900
Est. payment /mo
5,227 Sqft Lot
Pending
1899 Palace Avenue Grand Rapids, MI 49507-2371
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70481141
Year Built 1895
Annual Tax Amount $3,551
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40*131
Property Sub-Type Multi-Family
Property Description
Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by United Realty Services LLC