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  • $407,000

    548 Fulton St E, Grand Rapids, MI 49503

    4beds
    5baths
    2,639sqft
    2 to 4 Units
    Built in 1915
    -- sqft lot
    $473,000 Zestimate®
    $154/sqft
    $1,960 Estimated rent

    Owner options

    List your home for rent

    $1,960/mo

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    $1,960/mo

    Rent Zestimate®

    Refinance and save

    $2,502/mo

    Est. payment

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    $2,502/mo

    Est. payment

    What's special

    Great investment opportunity to own a rental property in the heart of the most popular rental district in Grand Rapids. This heritage hill Four unit is currently 75% occupied with a past average annual rental income of $43,000. With some tasteful updating & remodeling the estimated annual rental income could be $55,000 +. New boiler installed in 2022. Home is currently up for rental certification and the new owner would be responsible for completion. Home is also located in the historic district of Heritage Hill and must comply with their standards. Other amenities are a joint laundry area, basement storage and off street parking.

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2023 at 01:59pm

    Listed by:

    Ryan Ogle 616-901-4541,

    EXP Realty (Grand Rapids)

    Bought with:

    Pete J Bruinsma, 6502402583

    Grand River Realty

    Source: MichRIC,MLS#: 23023953MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Heating
    • Hot Water
    Cooling
    • Window Unit(s)
    Features
    • Basement: Full,Slab
    Interior area
    • Total interior livable area: 2,639 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Asphalt, Driveway
    Lot
    • Size: 5,170 sqft
    • Dimensions: 47 x 110
    • Features: Level
    Details
    • Parcel number: 411430404007
    • Zoning description: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Brick, Stucco, Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $473,000
    2% more+$9,460
    With Zillow Showcase(estimated)$482,460