617 Atwood NE Street new 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 25053302
Year Built 1900
Annual Tax Amount $4,694
Tax Year 2025
Lot Size 5,140 Sqft
Acres 0.12
Lot Dimensions 39x132
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Don't skip this one! Look past all the things and stuff to what's under it all and you might score a hidden gem here! This is the ideal property for owner occupied 3BR unit with a significant portion of your mortgage paid by 2nd unit tenant. OR, this can cash flow for investors with a sliver of investment. Under the tossed clothes and sheets, you will find original hardwood flooring and trim in great condition! Bathrooms are solid and feature tile. Kitchens - yeah, you may need new counters but appliances are newer and kitchen layouts are ideal for an inexpensive light reno. This prime location is walking distance to Martha's, Nantucket Bakery, hospitals and downtown! Don't fight the plows because you have a 2 stall garage, lots of parking, private and beautiful yard, and decks and porches for visiting neighbors and enjoying your investment. NEW ROOF, split utilities that tenants pay, 2 sets of washers and dryers included. Leases expire by 12/31 and you can move into either unit. With a good deep clean, there really is a beautiful and well maintained home here. And, best of all, there is a partially finished 3rd story walk up attic. This could be returned to a single family home, or increase the rents to market rates and have a cash flowing investment. Live in the 3 bedroom main floor unit loving your original woodwork and charm and rent the upstairs. Options are endless. Please inquire with listing agent for additional photos of property and info sheet. Currently 3-bedroom main floor is rented for $1700 on month-to-month terms and 2nd floor 2-bedroom unit is rented for $1,350 and expires 12/31. Tenants pay all utilities except water. All appliances are included too! With a good deep clean, there really is a beautiful and well maintained home here. And, best of all, there is a partially finished 3rd story walk up attic. This could be returned to a single family home, or increase the rents to market rates and have a cash flowing investment. Live in the 3 bedroom main floor unit loving your original woodwork and charm and rent the upstairs. Options are endless. Please inquire with listing agent for additional photos of property and info sheet. Currently 3-bedroom main floor is rented for $1700 on month-to-month terms and 2nd floor 2-bedroom unit is rented for $1,350 and expires 12/31. Tenants pay all utilities except water. All appliances are included too!
Location
State MI
County Kent
Area Grand Rapids - G
Direction FROM SOUTH OF GRAND RAPIDS: From 1-196 take the College Ave. exit and head south. At Fountain St. turn left heading east. Turn right at Grand Ave. heading south, then right onto Atwood St. The house is located on the north side of the street.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling None
Laundry Common Area,In Basement
Exterior
Parking Features Concrete,Driveway
Utilities Available Cable Available,Natural Gas Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 2
Building
Lot Description Level,Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-30-278-012
Acceptable Financing VA Loan,Cash,Conventional
Listing Terms VA Loan,Cash,Conventional