ResidentialSingle Family Residence1035 Wealthy Street SE, Grand Rapids, MI 49506

1035, Wealthy, Grand Rapids, MI, 49506

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Basics

  • Date added: Added 3 days ago
  • Category:
  • Type:
  • Status:
  • Bedrooms: 3
  • Bathrooms: 2
  • Area: 2700 sq ft
  • Lot size: 0.06 sq ft
  • Year built: 1900
  • Bathrooms Full: 2
  • Lot Size Acres: 0.06 acres
  • Rooms Total: 3
  • County: Kent
  • Bathrooms Half: 0
  • MLS ID: 25012441

Description

  • Description:

    A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units: ✖️Residential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck. ✖️Commercial Unit: Currently leased to Scorpion Coffee, offering a well-designed space with a side yard patio. Situated in the heart of Eastown, one of Grand Rapids' most vibrant neighborhoods, the area is known for its historic architecture, walkability, and diverse mix of local businesses. Nearby, you'll find popular spots like Terra GR, The Electric Cheetah, Harmony Brewing Company, Yesterdog, and Wolfgang's Restaurant, along with a variety of boutiques and community spaces. ✖️pro forma Cap Rate: ~8.9%.

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Location

  • Directions: Wealthy & Fuller

Building Details

  • Building Area Total: 2700 sq ft
  • Construction Materials: Wood Siding
  • Sewer: Public
  • Heating: Forced Air
  • Stories: 2
  • Levels: Bi-Level
  • Basement: ,

Amenities & Features

  • Laundry Features: Upper Level
  • WaterSource: Public
  • Fireplaces Total: 0

Fees & Taxes

  • Tax Assessed Value: $193,900
  • Tax Year: 2024
  • Tax Annual Amount: $7,372

School Information

  • High School District: Grand Rapids

Miscellaneous

  • CrossStreet: Wealthy & Fuller
  • Listing Terms: Cash, Conventional

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $595,000. It has 3 beds bedrooms, 2 baths bathrooms, and is 2700 sq ft. The property was built in 1900 year.

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