604 Windsor Terrace SE
Grand Rapids, MI 49503

Description

Fantastic 3 unit located on Windsor Terrace, a private/public street. Located close to colleges, restaurants, and downtown Grand Rapids it is a wonderful location for tenants or home owner occupant. So great that the current leases have been long term - 3 yrs/5yrs respectively, main is owner occupied. Rents are low due to great tenants. Average potential rents for the area are $1300- 2 bed / $950 - 1 bed, and $850 - studio. A potential gross of $37200/yr on average. Meticulously maintained for easy maintenance with just a 10 year old roof, 12 yr old furnace. First floor Owners unit offers a 2 bed / 1 bath apartment w/ original fireplace, leaded glass window, pocket doors, and loads of character. The upper 1 bed / 1 bath unit has a great flow and space. The upper studio unit is huge &

Details

MLS#19032280
Sub-TypeResale
StatusActive
Year1900
Days On Site11

Features

SQ Feet2,866
Units3
Building(s)1

Loading Form

Loading Form

Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49503
AreaGrand Rapids - G
Listing VS Median (in 49503)
Price:
$399,900
low | high
Med:
$239,900
90.010002500625% of Average
SqFt:
2,866
low | high
Med:
1,185
100% of Average
$ / SqFt:
$140
low | high
Med:
$204
3.530819980336% of Average
On Site:
11
low | high
Med:
217.5
5.057471264368% of Average
Listing Updated: 07/21/2019
MLS Number: 19032280
Listing Provided By:
Joshua C Heyboer  of  Keller Williams GR East
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.