1121 Crosby Street NW Grand Rapids, MI ^$ 225,000

1121 Crosby Street NW

^$ 225,000

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1121 Crosby Street NW

Grand Rapids, MI, 49504

^$ 225,000

Studio Baths0.0

Monthly Estimate*

^$ 1,495

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $225,000. This home was built in 1888 on a lot size of 0.12.

Great investment opportunity close to downtown Grand Rapids. Both units have great long-term tenants, providing immediate cashflow and also room to raise rents in the future. Upgrades include new roof in 2015, new furnace and water heater in 2018. City cert until 2027! Both units are 2/1 with in unit laundry in the lower unit along with detached 2 stall garage and ample parking.

Multi-Family Active

Price

^$ 225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,117

Style

2 to 4 Units

Lot Size

0.12

Year Built

1888

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24016624

Features

General

Sewer Public Sewer

Heating Wall Furnace Forced Air Natural Gas

Utilities Public Water Available Public Sewer Available Natural Gas Available Natural Gas Connected Electric Connected

Possession Subject To Tenant Rights

Roof Composition

Construction Materials Aluminum Siding

Year Built 1888

Tenant Pays Electric Trash Collection Gas

Township City of Grand Rapids

Property SubType 2 to 4 Units

Tax Year 2022

County Kent

New Construction N

Property Type Multi-Family

Status Active

Directions From Leonard St. NW take Powers Ave North West on Crosby home on north side of the road.

City Grand Rapids

High School District Grand Rapids

Zoning Description R2

NumberOfUnitsTotal 2

MLS Area Grand Rapids - G

Lot Size Units Acres

Lot Size Square Feet 5280.0

Waterfront Y/N N

Street Name Crosby

Land Lease Y/N N

Tax Annual Amount 2117.0

Lease Renewal Y/N N

MLS Area Minor Grand Rapids - G

Additional Parcels Y/N N

Rent Control Y/N N

Days on Market 58

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 40840

Legal Description LOT 985* PANFIL S ASSESSOR S PLAT NO 51* OF LOTS 7 TO 20 INCLUSIVE OF INNES & MC REYNOLDS ADDITION

Senior Community None

Interior

Basement Michigan Basement Full

Total Fireplaces 1

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Total Parking 4.0

Lot Size Area 0.12

Number of Buildings 1

Spa N

Lot Dimensions 40' x 132'

Lot Size Acres 0.12

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1121

* Excluded Features

List By

Keller Williams Gr North

Broker

jasontdowning@gmail.com

Affordability Calculator

$1,672

Per Month

Monthly Principal & Interest: $1,495
Monthly Property Taxes: $176
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$351,290

Percent of Sale Price 56%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

250213 Elementary School

249218 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$225,000		Listed Price

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1121 Crosby Street NW, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $225,000 with a lot size of 0.12. 1121 Crosby Street NW is a studio with 0.0 baths and was built in 1888. The property's zip code is 49504 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 6/11/2024.

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1121 Crosby Street NW

Multi-Family Home for sale in Grand Rapids, MI

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