Skip main navigation
Sold
  • $650,000

    812 Butterworth St SW, Grand Rapids, MI 49504

    3beds
    5baths
    3,900sqft
    5+ Units
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $167/sqft
    $1,048 Estimated rent

    What's special

    Welcome to your next lucrative investment! This newly updated 5-unit building boasts an impressive combination of 3 modern apartments and 2 highly sought-after commercial suites, making it a prime opportunity for savvy investors like yourself. Strategically situated within walking distance from downtown, this property is perfectly positioned to benefit from the area's ongoing development and increasing property values. Currently generating a robust monthly income of $6,500, this property's potential for further growth is astounding. With the ability to raise the revenue to $7,500 or more, you'll enjoy an attractive return on investment. The demand for commercial spaces at this rental price is exceptionally high, ensuring a consistent stream of income for years to come.

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2023 at 11:28am

    Listed by:

    Robert J Larson rjlarsoninc@comcast.net,

    Larson, Robert J.

    Bought with:

    Allison V Koetsier, 6502378425

    Compass Realty Services

    Source: MichRIC,MLS#: 23028657MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Features
    • Basement: Full
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 3,900 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 3,484 sqft
    • Features: Level
    Details
    • Parcel number: 411326483021
    • Zoning description: MCN

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.