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40
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Address unavailable., Grand Rapids, MI 49503
$490,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
2,589
sqft
Built in
1890
Imagine living for FREE in a 5 bedroom historic home in just a short walk from the wealthy corridor! This Could be Grand Rapids Finest Legal Airbnb! (City of GR restricts Short Term Rentals to just one bedroom in an already owner occupied dwelling.) This incredible home has a fully functioning 1 bedroom apartment directly attached!Gross Airbnb income could easily bring in 50k year which should more than cover the mortgage! A lot of love and care has gone into remodeling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island. Original light fixtures throughout. Easy to convert back to single family. Lots of room to build a garage with plenty of off street parking.
Features & Amenities
Interior
- General:
- Cable/Internet Avail.
- Basement:
- MI Basement
- Heating:
- Natural Gas, Forced Air
Exterior
- General:
- Wood
Construction
- General:
- 2 Story, Basement,Michigan Basement
Location
- Road/Access:
- City/County,Paved Street
- Originating MLS:
- Greater Regional Alliance of REALTORS
- School District:
- Grand Rapids City School District
- County:
- Kent
Lot
- Zoning:
- N 46 FT OF LOT 18 BLK 6 & S 4 FT OF LOT 19 BLK 6* HOLBROOK S ADDITION, 41-14-30-476-017
Utilities
- Water:
- Public Water
- Sewer:
- Public Sanitary
Financial
- Source:
- Greater Regional Alliance of REALTORS
This listing courtesy of:
AARE, Jonathan Hazeltine
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Grand Rapids, MI
Housing
- Number of Units
- 158,425
- Median Home Value
- $198,970
- Median Rent
- $869
37.57% of housing units are renter occupied.
5.32% are vacant.
Commute
- Car
-
72.67%
- Public Transportation
-
2.13%
- Walk to Work
-
2.39%
- Work from Home
-
21.87%
- Other
-
0.39%
The median travel time to work is 17 minutes.
People
- Population
- 377,177
- Median Age
- 34.70
- Median Household Size
- 2.72
Education
- High School
-
22.03%
- Associate’s Degree
-
8.25%
- Bachelor’s Degree
-
26.03%
- Graduate Degree
-
12.95%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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