506 Burton Street SW Active

Grand Rapids,MI 49507

$ 279000

3 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65024056956

Bedrooms 3

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1900

Annual Tax Amount $3,779

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 100' X 100'

Property Description

This professionally managed, turn-key 3 unit rental is in good shape and priced to sell. It features a private parking lot for up to 8 vehicles in addition to a nice two stall garage currently being rented separately. It has a new city certification and is located next to shops and restaurants in the Burton Heights neighborhood.All the units are up to code and all are occupied. You can see that many updates have been made to this property over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop in front. This is a must see for any serious multi-family property buyer.

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction When heading north or south on 131 exit 82A and head east until you reach the first street on the right labeled Towner AVE SW. The property is located on the southeastern corner of the intersection.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Waterfront no

Roof Type Composition

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

Water Public (Municipal),Water at Street

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411712129011

Ownership Private Owned

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

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