446 Spencer St NE, Grand Rapids, MI 49505

4 beds1 bath1,475 sqft

For Sale
$59,900
Zestimate®: $67,048
Est. Mortgage
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My Notes

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Investment property! Cash Cow! Large 4 bedroom 1 bath with City Cert. Home is rented for $950.00 per month on the quiet NE side of Grand Rapids. The home is close to bus lines, shopping and schools. Nice home for a young family starting out or a seasoned investor looking for cash flow.

Facts

  • Lot: 3,484 sqft
  • Single Family
  • Built in 1915
  • 329 days on Zillow
  • Views: 2,837 all time views
  • 35 shoppers saved this home
  • Heating: Forced air
  • Last sold: Jun 2004 for $75,000
  • Price/sqft: $41
  • MLS #: 14056699

Features

  • Cable Ready
  • Porch

Additional Features

  • Roofing: Comp Shingle
  • Windows: Screens
  • Substructure: Full Basement
  • Substructure: Walk Out
  • Utilities Attached: Telephone Line
  • Utilities Attached: Cable
  • Util Avail at Street: Broadband
  • Util Avail at Street: Cable
  • Util Avail at Street: Electric
  • Exterior Material: Aluminum
  • Lot Description: Sidewalk
  • Appliances: Range
  • Appliances: Refrigerator
  • Heat Type: Forced Air
  • Lot Measurement: Square Feet
  • Sewer: Public
  • Stories: 2
  • Water: Public
  • Utilities Attached: Natural Gas
  • Heat Source: Natural Gas
  • Windows: Replacement
  • Basement: Yes
  • Util Avail at Street: Natural Gas
  • Water Heater: Natural Gas
  • Porch(es)
  • Post Direction: NE
  • Occupant Type: Tenant
  • Income Property: Yes
  • Auction or For Sale: For Sale
  • Terms Available: ConventionalFHAMSHDA

Appliances Included

  • Refrigerator

Room Types

  • Dining room
  • Laundry room

Construction

  • Exterior material: Other
  • Roof type: Composition
  • Room count: 4
  • Stories: 2
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 1,475 sqft
  • Heating: Gas
  • Lot depth: 95 ft
  • Lot width: 35 ft
  • Parcel #: 411418451015
  • Zillow Home ID: 23803826

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$67,048
+$306 Last 30 days
$60K
$72K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$961/mo
-$14 Last 30 days
$740
$1.1K
Zestimate range
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Comparable Homes

Homes like this sold for $56-75K.

$40K
$90K

Popularity on Zillow

2,236 views since listing
2,837 all-time (chart)
35 shoppers saved
this home to their list of favorites

Mortgages

Neighborhood: Creston

Zillow predicts Creston home values will rise 0.6% next year, compared to a 0.4% rise for Grand Rapids as a whole. Among Creston homes, this home is 40.3% less expensive than the midpoint (median) home, and is priced 40.3% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Creston, the number of foreclosures waiting to be sold is 22.5% lower than in Grand Rapids, and 140% greater than the national average. This lower local number could help Creston home values rise more quickly than other regions in Grand Rapids.
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Nearby

    For Sale

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    Rentals

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    Nearby Schools in Grand Rapids

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org