741 3rd Street Grand Rapids, MI ^$ 285,000

741 3rd Street

^$ 285,000

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741 3rd Street

Grand Rapids, MI, 49504

^$ 285,000

Studio Baths0.0 Sq 2,378

Monthly Estimate*

^$ 1,894

Studio

Multi-Family Home for sale in Grand Rapids, MI

for $285,000. This 2,378 square foot home was built in 1890 on a lot size of 0.09.

Welcome to 741 3rd Street! This one owner multi-unit is located within the thriving northwest side business district. The property boasts of 3 fully occupied leases, two 1 bedroom 1 bathroom units, as well as a spacious 2 bedroom 1 bathroom unit. The basement is a great space for future washer/dryer connection or unit storage. There are 4 off-street parking spots available, and a good size outdoor storage shed. The roof features a metal shingle, and is only a few years in age. This is a great long term investment with the continued growth happening within the City of Grand Rapids. Offer deadline is set for 4/22/2024 at 2pm.

Multi-Family Pending

Price

^$ 285,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,805

Style

Lot Size

0.09

Year Built

1890

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70400642

Features

General

Heating Forced Air

Cooling None

Possession Negotiable (Possession)

Water Public Water

Status Pending Pending

Year Built 1890

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Multi-Family Residential

Subdivision MI

Area UPDATE

Primary City Grand Rapids

Directions Take Stocking Ave NW to 3rd St and park on road or in driveway.

City Grand Rapids

School District Grand Rapids City School Distric

Street Name 3rd

Financial Terms Cash Conventional FHA VA

Legal Description S 54 FT OF N 105 FT OF LOT 25 * CHAS C. PETTIBONE & CO!S SUBDIVISION ALSO LOT 440 * PANFIL!S ASSESSOR!S PLAT NO.23

DOM 5

Postal Code 49504

Price Per Sq Ft Total 119.85

Coming Soon Welcome to 741 3rd Street! This one owner multi-unit is located within the thriving northwest side business district. The property boasts of 3 fully occupied leases two 1 bedroom 1 bathroom units

Exterior

Exterior Aluminum

Frontage 108

Lot Size Area 0.09

Lot Dimensions 54*69*56.6*70

Waterfront Y/N No

Interior

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Jacob Rolf

Listing Agent

Kilner Group Realty

Broker

jacob@pmhomes.us

Affordability Calculator

$2,045

Per Month

Monthly Principal & Interest: $1,894
Monthly Property Taxes: $150
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$354,798

Percent of Sale Price 24%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$285,000		Listed Price

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741 3rd Street, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $285,000 with 2,378 sqft and a lot size of 0.09. 741 3rd Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 49504 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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741 3rd Street

Multi-Family Home for sale in Grand Rapids, MI

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