$299,000
For Sale

1115 WATSON STREET SW

Grand Rapids, MI 49504
1440 sqft | 2 baths | #20240042795
Browse 10 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Here is a great opportunity to own an income producing multi-family property in a great area of Grand Rapids. Both 2 bedroom units are leased and tenant occupied. One tenant is month to month and the other is on a one year lease. Location is perfect and easy to rent. Home is located right near the GVSU bus line. Enjoy all that the area has to offer including it's close proximity to Downtown, the John Ball Zoo and West Side bars! Also walking distance to Kent Trails. With a little TLC and updating, rents can easily be increased for added value. Appliances are included in the sale. Basement has a separate entrance and can be finished out. Great opportunity for investors or home buyers as you can also lease one unit and live in the other! Tenant rights apply.

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths2.00
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Square Feet1440
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1920
  • Community and Neighborhood Details
      • School DistrictGrand Rapids
      • RegionGrand Rapids
      • ZoningMulti-Family
      • CountyKent
  • Financial Details
      • Original List Price$325,000
  • Other
      • MLS #20240042795

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00