507 Union Avenue SE
Grand Rapids, MI 49503
- – beds
- – baths
- – sqft
- 6,098 sqft lot
- 1895 build
- – on site
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Great investment opportunity!Historic Heritage Hill 2-unit property, needs repair but priced accordingly. The lower unit features 2 bedrooms, large living room and dining room and fireplace. The upper unit has 5 bedrooms. There are two coin operated washer and dryers in the basement, 2 additional showers, a new water heater, and plenty of storage space. Tenants currently rent by the room on a weekly basis. 24 hour notice required; showings Tuesday - Sunday, 9am-3pm only. Seller directs listing agent to hold all offers until Friday 8/23/24 at noon.
Last checked:
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Last updated Nov 12, 2024
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MLS# 65024043364 —
The Building
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Year Built:1895
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Construction Materials:Wood
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Foundation Details:Michigan Basement
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# of Units Total:2
Interior
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Features:Other, Laundry Facility, Cable Available
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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:Wealthy & Madison. E on Weathly. S on Union.
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Directions From North South Detail:Wealthy & Madison
The Property
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Property Type:Multifamily
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Parcel Number:411431208020
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Zoning:Residential
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Lot Size Dimensions:50 x 125
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Lot Size Area:0.14
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Frontage Feet:50
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (616) 363-7788
- Office phone:
- (616) 301-3330
Taxes
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Total Taxes:$2,489.25
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Tax Amount Summer:$2,489.25
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)
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Water Source:Public (Municipal)
Appliances
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Laundry Facilities:Yes
Schools
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School District:Grand Rapids
Parking
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Total Parking:2
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MF Parking:Garages
Extra Units
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Unit Count:12
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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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/23/24
Sep 23, 2024
|
Sold | REALCOMP | $275,000 | 22.2% |
|
8/25/24
Aug 25, 2024
|
Pending | REALCOMP | $225,000 | |
|
8/19/24
Aug 19, 2024
|
Listed / Active | REALCOMP | $225,000 |
