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Nathaniel Richards

nate@reagentnathaniel.com +1(734) 299-1209

$ 349,900

Est. payment | -/mo

5,924 Sqft Lot

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$ 349,900

Est. payment | -/mo

Save Virtual Tour

5,924 Sqft Lot

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 26032283

Year Built 1884

Annual Tax Amount $9,402

Tax Year 2025

Lot Size 5,924 Sqft

Acres 0.14

Lot Dimensions 51 x 116

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. The property also qualifies for valuable historic rehabilitation tax credits, offering the potential to offset renovation costs and further enhance your overall return on investment. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal opportunity for a flipper, long-term investor, or owner-occupant.

Location

State MI

County Kent

Direction East on Cherry Street. South on Hollister Avenue

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Exterior

Utilities Available Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Total Parking Spaces 3

Building

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-29-351-022

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.zillow.com/view-imx/5db2ccea-1677-4fe9-bb22-9e22258eb439?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Listed by Realify Properties

Schools and Properties Nearby

Nathaniel Richards

Realtor | License ID: 6501446715

+1(734) 299-1209 | nate@reagentnathaniel.com

233 Hollister SE Avenue Grand Rapids, MI 49506

Nathaniel Richards

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

233 Hollister SE Avenue