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Jason Rivers

jason@riversgrouprealty.com +1(248) 224-1194

$ 325,000

Est. payment -/mo

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Active

900 Fountain ST NE City Of Grand Rapids, MI 49503

1,708 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,708 sqft

Price per Sqft $190

MLS Listing ID 65026045604

Year Built 1900

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

Great opportunity for owner occupant or parents of college students looking to offset their mortgage by renting the other apartment. Great rental for investors looking for an updated and low maintenance home in great location that is super easy to rent to desirable tenants! Walking distance to the Fulton St Farmers Market, GRCC, Martha's, sushi, Madcap, Black Napkin and GFS grocery. Quiet street with owner occupied homes. Private driveway, garage, small private yard and fully updated the right way by licensed contractors. Don't let the age fool you on this one. Interior was completely rehabbed in 2018. Utilities are split with 2 water heaters, 2 electric meters, 2 gas meters. All windows, HVAC, plumbing, and electrical wiring in the house is new since 2017. Sewer lines just scoped/cleaned and in great condition. The main floor is charming with original hardwood floors that were refinished. This apartment is currently 1 bedroom but could convert easily back to a 2 bedroom (please ask).All new kitchen cabinets, counters, flooring, stainless steel appliances and a gorgeous bathroom with original tile, new vanity and new plumbing. A private porch on the back enjoys the private backyard. The upper floor is a cozy 1 bedroom apartment with new bathroom with full tile shower, luxury and vinyl plank flooring, stainless steel appliances, and a large storage attic. The clean/bright basement has access from the backyard and offers great storage plus washer and dryer shared by both units. Rents are below market because the tenants have been long term and the best tenants you could possibly want or find. Main floor unit 1 is currently occupied on month to month lease at $1,325 per month plus utilities (landlord only pays water and mows lawn). Upstairs Unit 2 is currently vacant. What a great chance to offset your mortgage while living in a remodeled and cute home! Detailed list of improvements attached to listing. All appliances including washer and dryer are included. Selling broker is a member of the LLC that owns the prope

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Interior Features Storage

Heating Baseboard, Ductless, Electric, Forced Air, Natural Gas

Fireplace No

Laundry CommonArea, GasDryerHookup, InBasement, WasherHookup

Exterior

Parking Features Garage, Paved

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, FHA, MSHDA

Listing Terms Cash, Conventional, FHA, MSHDA

Special Listing Condition AgentOwned

Listed by Erin C Fester of GR Home Team

Jason Rivers

Broker Associate

+1(248) 224-1194

Jason Rivers

900 Fountain ST NE City Of Grand Rapids, MI 49503

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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900 Fountain ST NE