1121 Crosby Street Grand Rapids, MI ^$ 225,000

1121 Crosby Street

^$ 225,000

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Recently Listed

1121 Crosby Street

Grand Rapids, MI, 49504

^$ 225,000

Studio Baths0.0

Monthly Estimate*

^$ 1,572

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $225,000. This home was built in 1888 on a lot size of 0.12.

Great investment opportunity close to downtown Grand Rapids. Both units have great long-term tenants, providing immediate cashflow and also room to raise rents in the future. Upgrades include new roof in 2015, new furnace and water heater in 2018. City cert until 2027! Both units are 2/1 with in unit laundry in the lower unit along with detached 2 stall garage and ample parking.

Multi-Family Active

Price

^$ 225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,117

Style

Lot Size

0.12

Year Built

1888

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70399086

Features

General

Heating Wall Heat Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Year Built 1888

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Subdivision MI

Area UPDATE

Primary City Grand Rapids

Directions From Leonard St. NW take Powers Ave North West on Crosby home on north side of the road.

City Grand Rapids

School District Grand Rapids City School Distric

Street Name Crosby

Financial Terms Cash Conventional

Legal Description LOT 985* PANFIL S ASSESSOR S PLAT NO 51* OF LOTS 7 TO 20 INCLUSIVE OF INNES & MC REYNOLDS ADDITION

DOM 14

Postal Code 49504

Coming Soon Great investment opportunity close to downtown Grand Rapids. Both units have great long-term tenants

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Aluminum

Frontage 40

Lot Size Area 0.12

Lot Dimensions 40' x 132'

Waterfront Y/N No

* Excluded Features

List By

Jason Downing

Listing Agent

Keller Williams Gr North

Broker

jasontdowning@gmail.com

Affordability Calculator

$1,748

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $176
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$338,755

Percent of Sale Price 51%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$225,000		Listed Price

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1121 Crosby Street, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $225,000 with a lot size of 0.12. 1121 Crosby Street is a studio with 0.0 baths and was built in 1888. The property's zip code is 49504 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1121 Crosby Street

Multi-Family Home for sale in Grand Rapids, MI

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