$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.

  • Property Details
      • Property TypeMulti-Family
      • School DistrictGrand Rapids
      • RegionGrand Rapids
      • ZoningMulti-Family
      • Parcel Number411326403027
      • Structure TypeContemporary
      • MLS #20240042795
      • Property SubtypeMultifamily
      • MLS #20240042795
      • HeatingForced Air
      • Original List Price$325,000
      • Cost299000
      • Total Baths2.00
      • Square Feet1440
      • Year Built1920
      • CountyKent
      • Bathrooms2
      • Full Baths2

Location

Slater Signature HomesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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