Sold

$440,000

942 Fulton St W, Grand Rapids, MI 49504

4beds

2baths

2,773sqft

2 to 4 Units

Built in 1930

-- sqft lot

$487,700 Zestimate^®

$159/sqft

$1,769 Estimated rent

Home value

$487,700

$454,000 - $517,000

$1,769/mo

Zestimate^® history

Owner options

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$1,769/mo

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$1,769/mo

Rent Zestimate^®

Refinance and save

$2,765/mo

Est. payment

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$2,765/mo

Est. payment

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What's special

Mixed used turnkey investment opportunity. 1238 Sq. Ft. Commercial space with bathroom, kitchenette and front/ back entrances. Two residential apartments both with 2 bedrooms & 1 full bath. All 3 units are tenant ready & have separately metered gas/ electric. Owner pays for water. Parking lot behind the building for 8 cars. Great live work/ possibilities here. Buyer to verify zoning, use and square footage.$48,000 annual estimated rent income. COMMERCIAL Financing Required.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Basement: Slab

Interior area

Total interior livable area: 2,773 sqft

Property

Parking

Total spaces: 5
Parking features: Paved

Lot

Size: 7,840 Square Feet
Dimensions: 56 x 132 x 63 x 132

Details

Parcel number: 411326426019
Zoning description: Comm-Imp

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Block, Vinyl Siding
Roof: Composition,Rubber

Condition

New construction: No
Year built: 1930

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $159/sqft
Tax assessed value: $129,790
Annual tax amount: $6,730
Date on market: 8/16/2023
Listing terms: Cash
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
10/11/2023	Sold	$440,000+10%$159/sqft
Source: MichRIC #23030202 Report a problem
8/24/2023	Pending sale	$399,900$144/sqft
Source: MichRIC #23030202 Report a problem
8/16/2023	Listed for sale	$399,900$144/sqft
Source: MichRIC #23030202 Report a problem