1572 Lake Drive, Grand Rapids 49506

$325,000

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MLS#: 16018044
• For Sale

This property has been Sold!

06/20/2016 at $305,000

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Customer Care
Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Big potential with this 5-unit. Gross monthly rents $4,275.00 with room to increase. All units are occupied. Always easy to rent. City cert through 7/31/16. Shared laundry in basement. Detached garage for tenant use/parking. Needs a new roof. All units are 1 bed/1 bath, except #1 which is 2 beds/1 bath. Tenants pay electric and trash. Landlord pays gas, water and lawncare. Boiler heat (appox. 20 yrs old). Single 80 Gal. water heater. Original screw fuse electrical. All offers will be subject to review and approval of Sellers Attorney.

Property Information    

Status
Sold 
Address
1572 Lake Drive 
City
Grand Rapids 
Zip
49506 
Year Built
1917 
Possession
Ac - Tenant Rig 
County
Kent 

School Information

School District
Grand Rapids 

Taxes

Taxes
$8,180 

Rooms and Land

Number of Units

Features

Basement
Full Basement 
Cooling
None 
Heating
Hot Water, Natural Gas, Steam 

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years
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Listing Broker

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Listing Courtesy of Qwest Realty Consultants
Office Address 146 Monroe Center Nw, Ste 1130
Listing Agent Kevin Wright