Historic charm + rental income + incredible Grand Rapids location. This two unit sits just south of Michigan Street on College, with extraordinary proximity to colleges, Spectrum's Butterworth campus and associated offices, retail, restaurants and bars, grocery stores, public transportation, and the highway. The lower unit is currently occupied, and can be seen when the property is under contract. The upper unit is currently vacant and can be shown on short notice. Parking for up to 4 cars in back, accessed via easement from the driveway of the neighboring property. This 2-unit is a good opportunity for an owner occupant or for buy-and-hold rental income. Locations like this don't become available every day. Roof new in 2019
Off market
$345,900
318 College Ave NE, Grand Rapids, MI 49503
4beds
2baths
1,516sqft
MultiFamily
Built in 1890
-- sqft lot
$345,900 Zestimate®
$228/sqft
$1,534 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Radiant, Electric, Gas
Features
- Basement: Full
Interior area
- Total interior livable area: 1,516 sqft
Property
Parking
- Total spaces: 3
Features
- Exterior features: Wood
- Frontage length: 35.00
Lot
- Size: 3,049 sqft
Details
- Parcel number: 411430202002
- Zoning: TN - LDR
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Electricity Available, Water Available, Sewer Available, Telephone Line
Community & neighborhood
Location
- Region: Grand Rapids
HOA & financial
Other financial information
- Total actual rent: 1940
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Radiant, Natural Gas
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Water Available, Sewer Available, Telephone Line
- CoolingYN: true
- Basement: Full
- ConstructionMaterials: Wood Siding
- Roof: Composition
- Cooling: Window Unit(s)
- ElectricOnPropertyYN: True
- OwnerPays: Water
- TenantPays: Electricity, Gas, Sewer, Trash Collection
- FrontageLength: 35.00
- TotalActualRent: 1940
- NumberOfBuildings: 1.00
- MlsStatus: Active
- Zoning: TN - LDR
- TaxAnnualAmount: 2391.21
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$345,900
2% more+ $6,918
With Zillow Showcase(estimated)
$352,818