Rare 4-unit investment property near downtown Grand Rapids. Unit D is currently vacant, so it is available for an owner-occupant if needed. The exterior is maintenance-free with a solid roof, vinyl siding, and updated windows. Water heater and furnace are new in 2018. Owner pays all utilities; the average for 2018 was $400/month (gas, electric, water, and snow removal). There is just one water heater and one furnace, so utilities can't be split, but this is also comes with the benefit of having just one water heater and one furnace to maintain/replace instead of eight. There is off-street parking for four cars in the back. All four units are city certified through June 2021. Any offers will be reviewed 6/30/19 at noon.
Off market
$315,700
651 High St SW, Grand Rapids, MI 49503
5beds
4baths
2,150sqft
MultiFamily
Built in 1910
-- sqft lot
$315,700 Zestimate®
$147/sqft
$1,780 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced air, Electric, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 2,150 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Vinyl
- Frontage length: 45.00
Lot
- Size: 5,183 sqft
Details
- Parcel number: 411701154035
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Water Available, Sewer Available
Community & neighborhood
Location
- Region: Grand Rapids
HOA & financial
Other financial information
- Total actual rent: 2085
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air, Natural Gas
- Zoning: RES
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Water Available, Sewer Available
- OwnerPays: Sewer, Trash Collection, Water, Electricity, Gas
- ConstructionMaterials: Vinyl Siding
- Roof: Composition
- ElectricOnPropertyYN: True
- FrontageLength: 45.00
- Basement: Michigan Basement
- TotalActualRent: 2085
- NumberOfBuildings: 1.00
Services availability

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$315,700
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$322,014