1030 CHESTER Street, Grand Rapids 49506

$224,900

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MLS#: 16022871
• For Sale

This property has been Sold!

07/15/2016 at $224,900

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248-304-6700

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Contact Customer Care

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

248-208-3883

If you are looking for a 2 family city certified duplex in one of the most desirable rental areas in town then you will want to check out this property! This unit is selling at a 9% cap rate with a 10% management fee included. Yearly income total is $27,540. Upstairs unit is a 2 bedroom 1 bath and has been completely remodeled with a brand new kitchen, updated bathroom and hardwood floors. Upstairs unit rents for $1395 a month. Downstairs is a large 1 bedroom 1 bath with hardwood floors and gorgeous fireplace and rents for $900 a month. Some of the additional upgrades include new garage roof, 2 new furnaces, on site laundry facilities and separate utilities. Owner pays for water. Call to see today.

Property Information    

Status
Sold 
Address
1030 CHESTER Street 
City
Grand Rapids 
Zip
49506 
Year Built
1890 
Possession
Ac - Tenant Rig 
County
Kent 
Above Grade SqFt

School Information

School District
Grand Rapids 

Taxes

Taxes
$2,876 

Rooms and Land

Number of Units

Features

Basement
Full Basement 
Heating
Forced Air 

Listing Video for 1030 CHESTER Street, Grand Rapids MI 49506

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Listing Broker

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Listing Courtesy of Re/Max Of Grand Rapids (fh)
Office Address 4362 Cascade Road Se
Listing Agent Lindsay J Vanduinen-Scully