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36
Photos
227 James Avenue Se, Grand Rapids, MI 49503
$480,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
2,589
sqft
Built in
1890
Motivated seller. Price dropped significantly below market value. House to be taken off the market at Thanksgiving and relisted at market price in spring. Conservative estimate for renting the 1 bedroom unit on Airbnb is 40k annually! Live 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! 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
- Laundry:
- In basement
- Heating:
- Forced air, Natural gas
- Fireplace:
- Fireplace, Fireplaces: 1
Exterior
- Style:
- Historic
Construction
- Roofing:
- Composition
- General:
- Wood siding, Michigan basement
Location
- Originating MLS:
- Greater Regional Alliance of REALTORS
- School District:
- Grand rapids
- County:
- Kent
Lot
- Zoning:
- N 46 FT OF LOT 18 BLK 6 & S 4 FT OF LOT 19 BLK 6* HOLBROOK S ADDITION, 411430476017
Utilities
- Utilities:
- Sewer connected
- Water:
- Public, Waterat street
- Sewer:
- Public sewer, Sewer at street
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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