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Jonathan Hazeltine · AARE

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Buy a houseat 227 James Avenue SE, Grand Rapids, MI 49503

$510,000

$0/mo

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Residential

2,589 Sq. Ft.

0 Sq. Ft. lot

5 Bedrooms

3 Bathrooms

105 Days on market

65024042812 MLS ID

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Intelligence

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Price per square foot history
Property sales history

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About 227 James Avenue SE house

Extraordinary Income Potential A lot of love and care has gone into remodelling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island. Original light fixtures throughout. Easy to convert back to single family. Easy to convert to a 3 bedroom unit and a 2 bedroom unit instead of a 4 and 1. Owner could occupy either unit and rent the other out. Could potentially also use the 1 bedroom unit as a short term rental. Lots of room to build a garage.There was an attic fire about 40 years ago. Attic still has visual evidence of the fire but structural engineering report has been provided. New roof in 2020 replaced any boards that wee not solid. All tenants are month to month so that new owner can decide how they would like to proceed!
Extraordinary Income Potential A lot of love and care has gone into remodelling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island. Original light fixtures throughout. Easy to convert back to single family. Easy to convert to a 3 bedroom unit and a 2 bedroom unit instead of a 4 and 1. Owner could occupy either unit and rent the other out. Could potentially also use the 1 bedroom unit as a short term rental. Lots of room to build a garage.There was an attic fire about 40 years ago. Attic still has visual evidence of the fire but structural engineering report has been provided. New roof in 2020 replaced any boards that wee not solid. All tenants are month to month so that new owner can decide how they would like to proceed!

Property details

Heating

Forced Air

Roof

Composition

Utilities

Cable Available

Monthly cost

Estimated monthly cost

$3,581/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jun 10, 2022

Price

$425,000

Date

Feb 11, 2021

Price

$243,000

Date

Dec 31, 2013

Price

$150,000

DatePrice
Jun 10, 2022$425,000
Feb 11, 2021$243,000
Dec 31, 2013$150,000

Schools

This home is within the Grand Rapids Public Schools.

Grand Rapids enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$479,400

+$15,300

$494,700

Seller agent commission$15,300 (3%)*

$0 (0%)

Buyer agent commission$15,300 (3%)*

$15,300 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:33 p.m.

Data updated: Aug 26, 2024 at 6:33 p.m.

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