Homes for sale - 617 Atwood Street NE, Grand Rapids, MI 49503

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025053302

Bedrooms 2

Year Built 1900

Annual Tax Amount $4,694

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 39x132

Source Greater Regional Alliance of REALTORS®

Property Description

Don't skip this one! Look past all the things and stuff to what's under it all and you might score a hidden gem here! This is the ideal property for owner occupied 3BR unit with a significant portion of your mortgage paid by 2nd unit tenant. OR, this can cash flow for investors with a sliver of investment. Under the tossed clothes and sheets, you will find original hardwood flooring and trim in great condition! Bathrooms are solid and feature tile. Kitchens - yeah, you may need new counters but appliances are newer and kitchen layouts are ideal for an inexpensive light reno. This prime location is walking distance to Martha's, Nantucket Bakery, hospitals and downtown! Don't fight the plows because you have a 2 stall garage, lots of parking, private and beautiful yard, and decks and porches for visiting neighbors and enjoying your investment. NEW ROOF, split utilities that tenants pay, 2 sets of washers and dryers included. Leases expire by 12/31 and you can move into either unit.With a good deep clean, there really is a beautiful and well maintained home here. And, best of all, there is a partially finished 3rd story walk up attic. This could be returned to a single family home, or increase the rents to market rates and have a cash flowing investment. Live in the 3 bedroom main floor unit loving your original woodwork and charm and rent the upstairs. Options are endless. Please inquire with listing agent for additional photos of property and info sheet. Currently 3-bedroom main floor is rented for $1700 on month-to-month terms and 2nd floor 2-bedroom unit is rented for $1,350 and expires 12/31. Tenants pay all utilities except water. All appliances are included too!

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction FROM SOUTH OF GRAND RAPIDS: From 1-196 take the College Ave. exit and head south. At Fountain St. turn left heading east. Turn right at Grand Ave. heading south, then right onto Atwood St. The house is located on the north side of the street.

Interior

Interior Features Other,Laundry Facility

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 2.0

Roof Type Composition

Road Frontage Paved,Pub. Sidewalk

Garage no

Private Pool No

Building

Foundation Michigan Basement

Sewer Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411430278012

Ownership Private Owned

Acceptable Financing Cash,Conventional,VA

Listing Terms Cash,Conventional,VA

Financing Cash,Conventional,VA