1566 Wealthy Street SE, Grand Rapids, MI 49506 - MLS#65024058491

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 499,000

Est. payment -/mo

Save

Active

1566 Wealthy Street SE Grand Rapids, MI 49506

5 Beds

9,583 Sqft Lot

UPDATED:

11/12/2024 03:55 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65024058491

Bedrooms 5

Originating Board Greater Regional Alliance of REALTORS�

Year Built 1895

Annual Tax Amount $9,352

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 80x121

Property Description

Welcome to 1566 Wealthy St., a prime investment opportunity in the heart of the thriving East Town neighborhood. This 5-unit property is ideally located within walking distance to the best shops, restaurants, and attractions along Wealthy Street. With strong rental income and excellent growth potential, this is an ideal addition to any portfolio. The building also features convenient coin-operated laundry in the basement. Act fast--properties like this don't come around often!

Location

State MI

County Kent

Area Grand Rapids

Zoning Other

Direction One Blk E Of Lake Dr. And Wealthy.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

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 411432230004

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Listed by Shawn Jacobs of MOXIE Real Estate + Development

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

GET MORE INFORMATION

QUICK SEARCH

Homes For Sale in Detroit, MI