A great opportunity to own a income producing multi-family property. Both units are leased and tenant occupied. They are both in good shape. Appliances are included in the sale. One unit currently brings in $1300 monthly and the other unit brings $1400 per month. Both tenants would like to remain with the properties long term if possible and tenant rights apply. 48 hour notice needed for showings.
Property Details
Property Features
Property Information:
Architectural Style: Craftsman
Year Built: 1890
Stories: 2
Living Area: 1,847 SqFt
Listing Office:
Office Name: The Virtual Realty Group
Office Phone: (313) 525-7751
Listing Agent: Dwala Burk
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
School Info
Assigned Schools Information:
Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
City Middle/High School, Public Magnet Grades 7-12
Westwood Middle School, Public District Grades 6-8
Shawmut Hills School, Public District Grades KG-6
Other
Directions Information:
Directions: Take 131 South to Kalamazoo to Market Ave to Market Ave SW to Wealthy St. SW then take Straight Ave SW to Butterworth St. SW to Gunnison Ave SW.
Price Information
Listing Price Info
Price Summary:
List Price: $279,000
Price Per SqFt: $151/SqFt
Tax Information:
Annual Amount: $1,065
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $21K less than the Median Sold Price and $79/SqFt less than other homes in Grand Rapids, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240029152
Listing Office:
Office Name: The Virtual Realty Group
Office Phone: (313) 525-7751
Listing Agent: Dwala Burk
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.
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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
4
/10
Shawmut Hills School
2550 Burritt St NW
Distance between this listing and this school2.21 miles
Public District Grades KG-6
Middle School
4
/10
Westwood Middle School
1525 Mount Mercy Dr NW
Distance between this listing and this school1.36 miles
Public District Grades 6-8
High School
6
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school1.25 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school2.90 miles
Public Magnet Grades 7-12
Assigned Schools
4
/10
Shawmut Hills School
2550 Burritt St NW
Distance between this listing and this school2.21 miles
Public District Grades KG-6
Nearby Schools
4
/10
Sibley School
947 Sibley St NW
Distance between this listing and this school0.64 miles
Public District Grades PK-5
2
/10
Cesar E. Chavez Elementary School
703 Shamrock St SW
Distance between this listing and this school1.26 miles
Public District Grades PK-5
Assigned Schools
4
/10
Westwood Middle School
1525 Mount Mercy Dr NW
Distance between this listing and this school1.36 miles
Public District Grades 6-8
Nearby Schools
5
/10
John Ball Park Zoo School
1300 Fulton St W
Distance between this listing and this school0.66 miles
Public Magnet Grades 6-6
4
/10
Southwest Community Campus School
801 Oakland Ave SW
Distance between this listing and this school0.81 miles
Public Magnet Grades KG-8
Assigned Schools
6
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school1.25 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school2.90 miles
Public Magnet Grades 7-12
Nearby Schools
1
/10
Covenant House Academy Grand Rapids
50 Antoine St SW
Distance between this listing and this school1.34 miles
The neighbors living near this home have an average income of $39,107. The majority of Grand Rapids, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 319 Gunnison Ave SW in Grand Rapids, MI and zip code 49504 in the South West Area Neighbors neighborhood. This 1,847 square foot home, which was built in 1890, sits on a 0.09 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $279,000.
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. The inventory of homes for sale in Grand Rapids, MI between March 2024 and April 2024 increased by 17.4%. The median list price of listings available in April 2024 was $300,000, while the average time on the real estate market was 16 days.
From Rocket Homes Real Estate and based on county public records data.