227 James Avenue Active

Grand Rapids,MI 49503-4730

$ 480000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70425247

Year Built 1890

Annual Tax Amount $8,451

Tax Year 2023

Lot Size 6,098 Sqft

Property Description

Motivated seller. Price dropped significantly below market value. House to be taken off the market at Thanksgiving and relisted at market price in spring. Conservative estimate for renting the 1 bedroom unit on Airbnb is 40k annually! Live 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!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.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Interior

Heating Forced Air

Exterior

Exterior Feature Wood

Waterfront No

Building

Lot Description Sidewalks

Foundation Basement

Water Public Water

Structure Type Wood

Schools

School District Grand Rapids City School District

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