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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

    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

    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