1566 Wealthy Street SE
GrandRapids, 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 Dec 12, 2024
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MLS# 65024058491 —
The Building
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Year Built:1895
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Construction Materials:VinylSiding
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Roof:Composition
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Basement:Full
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Basement:true
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Foundation Details:MichiganBasement
Location
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Directions:One Blk E Of Lake Dr. And Wealthy.
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Cross Street:Lake & Wealthy
The Property
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Parcel Number:411432230004
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.22
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Lot Size Area:9670.0
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Lot Size Dimensions:80x121
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:80
Listing Agent
- Contact info:
- Agent phone:
- (616) 227-9744
- Office phone:
- (616) 890-7794
Taxes
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Tax Legal Description:LOTS 5 & 6* WURZBURG S ADDITION
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Tax Assessed Value:163239
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Tax Annual Amount:9352.67
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
Utilities
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Utilities:SewerConnected
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Sewer:PublicSewer, SewerAtStreet, StormDrain
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Water Source:Public, WateratStreet
Schools
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High School District:GrandRapids
The Community
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Waterfront:false
Parking
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Parking Total:4.0
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Parking Features:Paved
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | $499,000 |
