Investment Opportunity in Belknap Lookout! This triplex boasts an ideal location with easy access to the Medical Mile, GVSU, public transportation, and the expressway. The rental certification is valid through August 2025. Highlights of this property include a roof installed in 2014, recently updated furnaces, and separate utilities for each unit. Additional amenities include a coin-operated washer and dryer, a garage, and a prime location directly across from Coit Park. Unit A, currently owner-occupied, offers an excellent opportunity for potential buyers seeking a home with income potential. Unit B is leased at $900 per month until February 2025, and Unit C has a lease for $950 per month that extends through May 2024. Agent to withhold any offers until March 15th at 4:00 PM.
Listing courtesy of MICHRIC / Darryl Matthews Jr / Keller Williams GR East
Last checked:
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Last updated Apr 29, 2024
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MLS# 24011517 —
The Building
Year Built:
1900
New Construction:
false
Construction Materials:
Other
Architectural Style:
None
Foundation Details:
None
Building Features:
None
Exterior Features:
None
Window Features:
None
Patio And Porch Features:
None
Accessibility Features:
No
Direction Faces:
None
Roof:
Other
Stories:
None
Basement:
true
Basement:
Michigan Basement, Walk Out
Basement:
Yes
Building Area Total:
None
Below Grade Finished Area:
None
Interior
Rooms Total:
None
Interior Features:
None
Flooring:
None
Fireplaces Total:
1
Fireplace:
No
Fireplace Features:
None
Room Dimensions
Living Area:
None
Location
Directions:
196 to College, S to Michigan, W to Coit, N on Coit to home.
Cross Street:
Fairbanks St & Newberry St
Latitude:
42.97633
Longitude:
-85.664057
The Property
Parcel Number:
41-14-19-326-008
Property Type:
Multi-Family
Property Subtype:
2 to 4 Units
Property Attached:
No
Lot Size SqFt:
9453.0
Lot Size Acres:
0.22
Lot Size Area:
0.22
Lot Size Units:
Acres
Topography:
None
Waterfront:
false
View:
None
View:
No
Fencing:
None
Inclusions:
None
Zoning:
None
Zoning Description:
R1
Current Use:
None
Possible Use:
None
Waterfront:
No
Road Frontage:
75.0
Listing Agent
Contact info:
Agent phone:
(616) 881-9047
Office phone:
(616) 575-1800
Taxes
Tax Year:
2023
Tax Year:
2023.0
Tax Legal Description:
LOT 5 & S 1/2 OF LOT 6* MOHRHARD S SUBDIVISION* OF PART OF LOTS 59 & 60 COIT & CURTIS PARTITION PLAT
Tax Annual Amount:
3220.0
Tax Assessed Value:
120750
Taxable Value:
120750.0
Annual Property Taxes:
3220.0
Beds
Main Level Bedrooms:
None
Bedrooms Total:
None
Baths
Full Baths:
None
Partial Baths:
None
Three Quarter Baths:
None
Half Baths:
None
Quarter Baths:
None
The Listing
Home Warranty:
No
Terms Available -VA Loan:
true
Buyer's Brokerage Compensation Type:
None
Buyer's Brokerage Compensation:
None
Buyer's Brokerage Compensation:
3.00%
Heating & Cooling
Heating:
true
Heating:
Forced Air, Natural Gas
Heat Type -Forced Air:
true
Heat Source -Natural Gas:
true
Utilities
Utilities:
Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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).
Max Internet Speed
Xfinity
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Multifamily
Sold
on 4/15/2024
$392,000
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Listing provided by broker:
Darryl Matthews Jr
Keller Williams GR East
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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