227 James SE Avenue Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49503
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24042802
Year Built 1890
Annual Tax Amount $8,451
Tax Year 2024
Buyer Agency Compensation 3%
Lot Size 5,924 Sqft
Acres 0.14
Lot Dimensions 45x132
Property Description
Imagine living for FREE in a 5 bedroom historic home in just a short walk from the wealthy corridor! This Could be Grand Rapids Finest Legal Airbnb! (City of GR restricts Short Term Rentals to just one bedroom in an already owner occupied dwelling.) This incredible home has a fully functioning 1 bedroom apartment directly attached!
Gross Airbnb income could easily bring in 50k year which should more than cover the mortgage!
A lot of love and care has gone into remodeling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island. Original light fixtures throughout. Easy to convert back to single family. Lots of room to build a garage with plenty of off street parking.
Location
State MI
County Kent
Area Grand Rapids - G
Direction From 131, East on Cherry Street, South on James St., Property is on west side of James St.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Water Available,Sewer Available
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-30-476-017
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional