Keller Williams Realty - Ken Depault
1/1
Listing Courtesy Of: Five Star Real Estate (Grandv), (616) 257-1500, David VanDam
Listing Sold By: Midwest Properties of Michigan - Grand Haven
Local Realty Services Provided By: KW Northern Michigan
Overview
What It'll Cost
Neighborhood
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$189,900
125 Griggs, Grand Rapids, MI 49507
50 sq ft
.16 ac
$189,900

125 Griggs, Grand Rapids, MI 49507

Estimation provided by Keller Williams Realty Inc.
50 sq ft
.16 ac
Closed
Sold

Property Description

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 1 other 2 family unit for sale as well. 915 Oakhill SE, Grand Rapids, MI 49507 MLS 24015981

Property Details

Compare This Home
Overview
Property Type
Multi-Family
Property Size
50 sq ft
Price/Living Area
$3,798/sq ft
Year Built
1929
Days on Site
358 Days
HVAC
Gravity, Space Heater
Parking
No
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Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $189,900
Principal + Interest
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Property Tax
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
01/08/2025
Price Decrease
$189,900
(-5%)
$3,798/sq ft
04/04/2024
Listed
$199,900
$3,998/sq ft
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2021
$1,483
(+3.46%)
$79,500
No Breakdown Available
2020
$1,434
(-2.33%)
$48,200
No Breakdown Available
2019
$1,468
(+3.16%)
$56,600
No Breakdown Available
2018
$1,423
(+2.51%)
$40,500
No Breakdown Available
2017
$1,388
$34,600
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Sold  - Feb 28, 2025
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$189,900
0.16 ac
125 Griggs Street SW, Grand Rapids, MI 49507
Listing Courtesy Of: Five Star Real Estate (Grandv), David VanDam

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