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Key Details
Sold Price $171,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Sparta Vllg
MLS Listing ID 21011682
Sold Date 05/11/21
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1920
Annual Tax Amount $3,967
Tax Year 2018
Lot Size 9,888 Sqft
Acres 0.23
Lot Dimensions 70X150
Property Description
Great investment opportunity in the Village of Sparta. Here is your chance to own a 3 unit rental property in an area where apartments are in high demand for prospective tenants. Landlord pays only GAS and water/sewer. Total monthly rent of 1,885 which is low and can be raised to current market rent. All tenants are month to month. One tenant just moved out and that unit needs to be updated. Other two tenants are long term and currently month to month. Photos are of a currently occupied unit. Plenty of off-street parking.
Location
State MI
County Kent
Area Grand Rapids - G
Direction N State St and Division
Rooms
Basement Michigan Basement, Full
Interior
Heating Hot Water, Baseboard, Natural Gas
Fireplaces Number 1
Exterior
Garage Unpaved
Waterfront No
View Y/N No
Roof Type Composition
Parking Type Unpaved
Total Parking Spaces 5
Building
Lot Description Sidewalk, Wooded
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Sparta
Others
Tax ID 41-05-14-351-066
Acceptable Financing VA Loan, Rural Development, MSHDA, FHA, Cash, Conventional
Listing Terms VA Loan, Rural Development, MSHDA, FHA, Cash, Conventional
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