Great opportunity to own this 2 unit in Grand Rapids SE side. Property currently has one unit occupied for $1,475.00 a month and the other vacant. Each unit offers 3 bedrooms and 1 bathroom and are generous in size. Make this your next place to live with some additional income or your next investment property!
Property Details
Property Features
Property Information:
Year Built: 1926
Listing Office:
Office Name: Windpoint Realty LLC
Office Phone: (616) 328-6869
Listing Agent: Kyle J Gummere
Interior Features
Interior Information:
Basement: Yes
Interior: Cable Available
Exterior Features
Parking Information:
Parking: Paved
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
School Info
Assigned Schools Information:
Ottawa Hills High School, Public District Grades 9-12
Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
City Middle/High School, Public Magnet Grades 7-12
Brookside School, Public District Grades KG-5
Other
Directions Information:
Directions: Division to Burton, East to Francis, South to Property.
Price Information
Listing Price Info
Price Summary:
List Price: $299,900
Tax Information:
Annual Amount: $2,563
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $100 less than the Median Sold Price in Grand Rapids, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Regional Alliance of REALTORS®
MLS Number: #65024020350
Listing Office:
Office Name: Windpoint Realty LLC
Office Phone: (616) 328-6869
Listing Agent: Kyle J Gummere
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,564
Per Month
Principal & Interest
$1,497
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Brookside School
2505 Madison Ave SE
Distance between this listing and this school0.50 miles
Public District Grades KG-5
High School
2
/10
Ottawa Hills High School
2055 Rosewood Ave SE
Distance between this listing and this school1.85 miles
Public District Grades 9-12
3
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school2.02 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school4.74 miles
Public Magnet Grades 7-12
Assigned Schools
2
/10
Brookside School
2505 Madison Ave SE
Distance between this listing and this school0.50 miles
Public District Grades KG-5
Nearby Schools
3
/10
Burton Elementary School
2133 Buchanan Ave SW
Distance between this listing and this school0.42 miles
Public District Grades PK-5
2
/10
Buchanan School
1775 Buchanan Ave SW
Distance between this listing and this school0.68 miles
Public District Grades PK-5
Nearby Schools
4
/10
Burton Middle School
2133 Buchanan Ave SW
Distance between this listing and this school0.42 miles
Public District Grades 6-8
4
/10
Dickinson School
448 Dickinson St SE
Distance between this listing and this school0.61 miles
Public District Grades PK-8
2
/10
Alger Middle School
921 Alger St SE
Distance between this listing and this school1.03 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
Ottawa Hills High School
2055 Rosewood Ave SE
Distance between this listing and this school1.85 miles
Public District Grades 9-12
3
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school2.02 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school4.74 miles
The neighbors living near this home have an average income of $49,613. The most common annual income of people living in Grand Rapids, MI is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
This home is located at 2136 Francis Ave SE in Grand Rapids, MI and zip code 49507 in the Garfield Park neighborhood. This home, which was built in 1926, sits on a 0.15 acre lot. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $299,900.
Over 173 listings were sold over their listed price in April 2024 in Grand Rapids, MI. In the same period over 60 listings were sold below the listed price and 45 listings were sold for the listed price. Between March 2024 and April 2024, Grand Rapids, MI real estate market has seen increase in the number of listings by 17.4%. In April 2024 median list price was $300,000 and the average listing age was 16 days.
From Rocket Homes Real Estate and based on county public records data.