1501 College Avenue, Grand Rapids, MI 49505-2028
1501 College Avenue, Grand Rapids, MI 49505-2028
1501 College Avenue, Grand Rapids, MI 49505-2028
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$268,000
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1,609 SqFt
Price Dropped by $21K

1501 College Avenue Grand Rapids, MI 49505-2028

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,609 sqft

Price per Sqft $166

Subdivision Mi

MLS Listing ID 70545550

Year Built 1900

Annual Tax Amount $7,934

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 80 X 124

Property Sub-Type Multi-Family

Property Description

Seize a rare opportunity to own a duplex in the booming Creston neighborhood. Main floor unit is a comfortable 2 bed (+1 nonconforming), 1 bath layout, with in-unit laundry. The upper unit is a 2 bed, 1 bath floor plan. The basement is a large 1,000 sqft basement area. With the right vision for this space, it could be converted into a third unit for maximum ROI, or utilized as storage for tenants. Say goodbye to street parking woes, this property features ample off-street parking with 2-stall detached garage. Location wise, you are perfectly positioned to enjoy the best of Grand Rapids. Don't miss out on this versatile asset in one of the city's most sought-after growth zones. This property is being sold ''as-is'' making this the perfect for an investor or a handy owner-occupant looking to build immediate sweat equity.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Rooms

Basement MI Basement

Interior

Heating Hot Water

Exterior

Exterior Feature Aluminum

Parking Features Additional Garage(s)

Building

Foundation Basement

Structure Type Aluminum

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Bellabay Realty (North)

Nearby Locations

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Tyler Gould

Tyler Gould

+1(989) 372-3303

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1501 College Avenue