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125 Griggs Street SW Grand Rapids, MI $ 199,900
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$ 199,900 Get more info
125 Griggs Street SW
$ 199,900
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Share Save

125 Griggs Street SW

Grand Rapids, MI, 49507
$ 199,900
Baths0.0

Monthly Estimate*

$ 1,396

125 Griggs Street SW, Grand Rapids, MI 49507 - Image 1
Studio

Multi-Family Home for sale in Grand Rapids, MI

for $199,900. This home was built in 1929 on a lot size of 0.16.

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,000 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $900 per month. Total rents are $1,900 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 3 other 2 family units for sale as well. MLS 24015907, MLS 24015962 & MLS 24015981

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Multi-Family Active

Price

$ 199,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,457

Style

2 to 4 Units

Lot Size

0.16

Year Built

1929

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24015903
Features
General
Sewer Public Sewer
Heating Space Heater Gravity Natural Gas
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Natural Gas Connected Electric Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Wood Siding
Year Built 1929
Tenant Pays Electric Trash Collection Gas
Property SubType 2 to 4 Units
Tax Year 2024
County Kent
New Construction N
Property Type Multi-Family
Attached Garage N
Status Active
Directions North off Burton on Division west off Division on Griggs to 125 Griggs SW.
City Grand Rapids
High School District Grand Rapids
Zoning Description Res Improved
Total Units 2
MLS Area Grand Rapids - G
Lot Size Square Feet 7013.0
Waterfront Y/N N
Street Name Griggs
Land Lease Y/N N
Tax Annual Amount 1457.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 18
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 29115
Legal Description LOT 44* B F BARENDSEN SECOND ADDITION
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Level
Total Parking 0.0
Lot Size Area 0.16
Number of Buildings 1
Spa N
Lot Dimensions 50' x 140'
Lot Size Acres 0.16
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 125
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* Excluded Features
List By
Five Star Real Estate (Grandv)

Broker

david@davidvandamrealtor.com

Email

Affordability Calculator

$1,518
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,396
Monthly Property Taxes
$121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/4/2024$199,900 Listed Price

Map

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125 Griggs Street SW, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $199,900 with a lot size of 0.16. 125 Griggs Street SW is a studio with 0.0 baths and was built in 1929. The property's zip code is 49507 which is in Grand Rapids, MI

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