Sold

$1,000,000

525-549 Andover St SE, Grand Rapids, MI 49548

4beds

2baths

2,000sqft

5+ Units

Built in 1978

-- sqft lot

$909,100 Zestimate^®

$500/sqft

$1,702 Estimated rent

Home value

$909,100

$818,000 - $1.01M

$1,702/mo

Zestimate^® history

Owner options

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$1,702/mo

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$1,702/mo

Rent Zestimate^®

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$6,323/mo

Est. payment

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$6,323/mo

Est. payment

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What's special

New main service panelNewer boilerNew water heater

this listing is for 2 parcels sold together, a 4 unit, and a 6 unit building. a total of 10, 2 bedroom 1 bath apartments with washer and dryer hook up in each apartment. many recent mechanical improvements including newer boiler, new water heater, and new main service panel in the 6 unit building. Buyer to confirm all information, lot dimensions etc. there are at least two different apartment sizes

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Baseboard, Forced Air, Hot Water

Cooling

Central Air, Window Unit(s)

Appliances

Laundry: Electric Dryer Hookup, In Unit, Laundry Closet, Washer Hookup

Features

Basement: Walk-Out Access

Interior area

Total interior livable area: 2,000 sqft

Property

Parking

Total spaces: 15
Parking features: Asphalt, Driveway

Lot

Size: 0.92 Acres

Details

Parcel number: 411830451019& 4118451025
Zoning description: multi

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Brick, Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1978

Utilities & green energy

Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $500/sqft
Tax assessed value: $148,836
Annual tax amount: $3,514
Date on market: 9/23/2024
Listing terms: Cash
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
12/28/2024	Sold	$1,000,000-20%$500/sqft
Source: MichRIC #24050130 Report a problem
10/1/2024	Pending sale	$1,250,000$625/sqft
Source: MichRIC #24050130 Report a problem
9/23/2024	Listed for sale	$1,250,000$625/sqft
Source: MichRIC #24050130 Report a problem