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1899 Palace Avenue SW Grand Rapids, MI 49507
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Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65025034484
Sold Date 09/29/25
Bedrooms 2
Year Built 1895
Annual Tax Amount $3,551
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40*131
Source Greater Regional Alliance of REALTORS®
Property Description
Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Burton to Palace north to home
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
Private Pool No
Building
Foundation Michigan Basement
Sewer Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411701452051
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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