506 Burton SW Street Active

Grand Rapids,MI 49507

$ 279000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 24056956

Year Built 1900

Annual Tax Amount $3,779

Tax Year 2023

Lot Size 10,019 Sqft

Acres 0.23

Lot Dimensions 100' X 100'

Property Description

[NOTE: Our client wants to sell 506 and the adjacent 454 Burton SW as a package deal. Client not interested in entertaining offers below asking price unless they are for both properties)

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.

Location

State MI

County Kent

Area Grand Rapids - G

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.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Fireplaces Number 1

Exterior

Garage Paved

Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer,Broadband

Waterfront No

View Y/N No

Roof Type Composition

Total Parking Spaces 3

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-17-12-129-011

Acceptable Financing VA Loan,FHA,Cash,Conventional

Listing Terms VA Loan,FHA,Cash,Conventional

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