Sold

$175,000

715 Butterworth St SW, Grand Rapids, MI 49504

8beds

6baths

3,143sqft

5+ Units

Built in 1900

-- sqft lot

$-- Zestimate^®

$56/sqft

$1,591 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,591/mo

Zestimate^® history

Owner options

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$1,166/mo

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$1,166/mo

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What's special

Tall ceilingsOlder outbuildingsCommon wall

These 2 and 3 story buildings just outside of downtown Grand Rapids share a common wall and a couple of older outbuildings that could convert to parking. Excellent development opportunity for continuation of 5-unit multifamily use. Combined buildings include a total of 8 Bedrooms, 5.5 bathrooms, 5 kitchens and 4 living rooms. Main floor of east building has tall ceilings, and a kitchen built into a former garage. Property is located just steps from GVSU, which has continued to be an aggressive buyer of adjacent property in the area. A short walk to public transportation (the 12 line and Laker Line), several nightlife spots, shops, student housing and other attractions.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6

Heating

Forced Air

Features

Basement: Full

Interior area

Total interior livable area: 3,143 sqft

Property

Parking

Total spaces: 4
Parking features: Concrete, Driveway

Lot

Size: 2,613 Square Feet
Dimensions: 40 x 65

Details

Parcel number: 411325306045
Zoning description: LDR

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Vinyl Siding
Roof: Composition,Metal

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer, Storm Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $56/sqft
Tax assessed value: $72,240
Annual tax amount: $3,900
Date on market: 9/14/2023
Listing terms: Cash
Electric utility on property: Yes

Price history

Date	Event	Price
12/1/2023	Sold	$175,000-12.5%$56/sqft
Source: MichRIC #23134092 Report a problem
10/6/2023	Pending sale	$200,000$64/sqft
Source: MichRIC #23134092 Report a problem
9/14/2023	Listed for sale	$200,000-22.5%$64/sqft
Source: MichRIC #23134092 Report a problem
10/11/2022	Listing removed	--
Source: MichRIC #22028673 Report a problem
7/10/2022	Listed for sale	$258,000-23.4%$82/sqft
Source: MichRIC #22028673 Report a problem
4/5/2022	Listing removed	--
Source: MichRIC #22007845 Report a problem
3/22/2022	Price change	$337,000-6.6%$107/sqft
Source: MichRIC #22007845 Report a problem
3/13/2022	Listed for sale	$361,000$115/sqft
Source: MichRIC #22007845 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	--
2021	$2,338	$71,400
2020	$2,338 -19.6%	$71,400 +27.7%
2019	$2,909	$55,900 +6.5%
2018	--	$52,500 +15.6%
2017	$1,098	$45,400 +15.2%
2016	$1,098	$39,400
2015	$1,098 +12.4%	$39,400 +5.1%
2013	$978	$37,500