1566 Wealthy Street SE
Grand Rapids, MI 49506
- – beds
- – baths
- – sqft
- 9,583 sqft lot
- 1895 build
- – on site
Welcome to 1566 Wealthy St., a prime investment opportunity in the heart of the thriving East Town neighborhood. This 5-unit property is ideally located within walking distance to the best shops, restaurants, and attractions along Wealthy Street. With strong rental income and excellent growth potential, this is an ideal addition to any portfolio. The building also features convenient coin-operated laundry in the basement. Act fast--properties like this don't come around often!
Last checked:
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Last updated Nov 12, 2024
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MLS# 65024058491 —
The Building
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Year Built:1895
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Construction Materials:Vinyl
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Roof Material:Composition
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Foundation Details:Michigan Basement
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# of Units Total:5
Interior
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Basement:Yes
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:One Blk E Of Lake Dr. And Wealthy.
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Directions From North South Detail:Lake & Wealthy
The Property
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Property Type:Multifamily
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Parcel Number:411432230004
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Zoning:Other
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Lot Size Dimensions:80x121
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Lot Size Area:0.22
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Frontage Feet:80
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (616) 227-9744
- Office phone:
- (616) 890-7794
Taxes
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Total Taxes:$9,352.67
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Tax Amount Summer:$9,352.67
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
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Water Source:Public (Municipal), Water at Street
Schools
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School District:Grand Rapids
Parking
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Total Parking:4
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MF Parking:Paved
Extra Units
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Unit Count:12
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Unit One Bed Number Of:4
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Unit Two Bed Number Of:1
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/8/24
Nov 8, 2024
|
Listed / Active | REALCOMP | $499,000 |
