39
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$799,000
Est. payment /mo
2,212 SqFt
Price Dropped by $50K
226 College Avenue Grand Rapids, MI 49503
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,212 sqft
Price per Sqft $361
Subdivision Mi
MLS Listing ID 70527732
Year Built 1900
Annual Tax Amount $12,558
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 50 x 155.76
Property Sub-Type Multi-Family
Property Description
Welcome to 226 College Ave NE, a thoughtfully updated 4-unit property in the heart of Heritage Hill, ideally located near the intersection of College Ave and Lyon St--just a short walk to Martha's Vineyard and the Montessori schools across the street. Built in 1900 and offering 2,212 finished square feet, this home blends the charm of a historic Grand Rapids property--hardwood floors, a fireplace in Unit 1, and classic architectural details--with meaningful, recent updates. The building features two studios, a one-bedroom, and a loft-style two-bedroom, with Unit 1 updated in 2024 and the remaining units updated in 2021, plus freshly painted common areas completed this month.This is a truly turnkey opportunity with strong tenant history--all tenants pay on time with no late payments, including two long-term occupants and three leases secured through spring 2027. The property is fully leased with one unit becoming available May 1, offering flexibility for an owner-occupant or the
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Baseboard
Exterior
Exterior Feature Wood
Parking Features Additional Garage(s)
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Wood
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Own GR.Net LLC
NEARBY SCHOOL & BUSINESS
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