506 Prospect Avenue SE $395,000


    506 Prospect Avenue SE Grand Rapids, MI 49503

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 19010239
    SOLD 6/24/2019


    Days On Market: 15 0 Views
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    Property Details

    You don't want to miss this historic Heritage Hill duplex! Whether you are an investor looking for a property with positive cash flow or an owner occupant that would like tenants to pay your mortgage...this is the home for you. There is tons of potential for great tenants with it's proximity to downtown and St. Mary's hospital. The 2 bedroom, 2 bath main floor unit boast 9' ceilings and a spacious floor plan. The upper unit has a very large kitchen and 5 bedrooms! Schedule your private showing today.

    • General Features
      • Tenant Pays Electric, Gas, Trash
      • Terms Available Cash/Conventional, FHA
      • SubArea G41 - Kent County
      • Property Sub Type 2 to 4 Units
      • Municipality City of Grand Rapids
      • New Construction No
      • Owner Pays Sewer, Water
      • County Kent
      • Year Built 1910
      • Area Grand Rapids - G
      • Annual Property Tax 5737.00
      • Tax Year 2018
    • Building Features
      • Air Conditioning Central
      • Basement Yes
      • Substructure Full Basement
      • Total Number Bldgs 1.00
      • Total Parking Spaces 2.0000
      • Driveway Paved
      • Exterior Material Stucco
      • Extras Garages
      • Heat Source Natural Gas
      • Heat Type Forced Air
    • Property Features
      • Waterfront Y/N No
      • Water Public
      • Utilities Attached Electric, Natural Gas
      • Util Avail at Street None
      • Street Type Paved
      • Road Frontage 95.00
      • Sewer Public
      • Lot Square Footage 9757.00
      • Lot Measurement Acres
      • Lot Dimensions 95x50x5x50x100x100
      • Lot Description Corner
      • Lot Acres 0.22
    • Schools
      • School District Grand Rapids


    49503 (Grand Rapids) Demographics

    29Median Age
    4,937Population Density (per sq. mile)
    44%College Educated
    $38,043 Estimated Median Income
    5,746Estimated Total Home Owners
    9,126Estimated Total Renters
    39% / 61%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    35,484Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $156,500 Median Sales Price
    37 Homes Sold
    52 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $419,900 6.3%
        6/24/2019 3:00:00 AM Sold Source New Value: $395,000 -1.23%
        5/20/2019 10:34:29 AM Status Changed Source New Value: Pending
        5/13/2019 11:34:37 AM Price Reduced Source New Value: $399,900

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