Address
1203 Rathbone Street SW #2, Wyoming, MI
Price
$ 279,900
Property Attributes
- MLS#24013307
- TypePending
- CountyKENT
- CityWyoming
- AreaCity of Wyoming
- NeighborhoodCity of Wyoming
- Zip49509
- Style2 to 4 Units
- Year Built1925
- Taxes$ 5249
- Price$ 279,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,663 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Investment opportunity! This updated duplex in Wyoming is the perfect chance to make a passive income. The first floor unit offers 3 beds, 1 full bath, and separate laundry. It has been freshly painted and the kitchen features new base cabinets, countertops, subway tile backsplash, and new vinyl plank flooring. The bathroom has been updated with a new toilet, vanity, and new vinyl plank floors. The lower unit rents for $1,485 month to month. The upstairs unit offers 2 bedroom and one full bath and it's vacant, so you could live in it and get the majority of your mortgage paid from rent. There's a large living room and decently sized kitchen. The laundry for the upper unit is found in the basement. Other features include; newer vinyl siding, new furnace, separate gas and electric meters, shed, partially fenced yard, and parking off alley. Seller reserves washer/dryer and refrigerator first floor it's the tenants. Seller is a licensed Realtor in the state of Michigan.
| Price History | |
|---|---|
| 3/20/2024 | Listed $300,000 |
| 3/22/2024 | 1% - $299,900 |
| 3/24/2024 | 4% - $289,900 |
| 4/5/2024 | 4% - $279,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Space Heater,Forced Air,Natural Gas |
| Utilities | Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Natural Gas Connected,Electric Connected |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Construction Materials | Vinyl Siding |
| Year Built | 1925 |
| Tenant Pays | Electric,Trash Collection,Gas |
| Township | City of Wyoming |
| Unit Number | 2 |
| Property SubType | 2 to 4 Units |
| Tax Year | 2023 |
| OwnerPays | Water |
| County | Kent |
| New Construction | No |
| Property Type | Multi-Family |
| Status | Pending |
| Directions | North off Chicago Dr. on Nagel to Rathbone,the W. to property |
| City | Wyoming |
| High School District | Godfrey-Lee |
| Zoning Description | multi |
| Total Units | 2 |
| MLS Area | Grand Rapids - G |
| Lot Size Square Feet | 5520.0 |
| Waterfront Y/N | No |
| Street Name | Rathbone |
| Land Lease Y/N | No |
| Tax Annual Amount | 5249.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Grand Rapids - G |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 29 |
| Standard Status | Pending |
| Occupancy Description | Tenant |
| Tax Assessed Value | 77800 |
| MobileHomeRemainsYN | No |
| Legal Description | Lot 2& E8 ft of Lot 3. Rathbone's 2nd Add. |
| Senior Community | None |
Interior Features
| Basement | Michigan Basement,Full |
|---|---|
| Total Fireplaces | 1 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Level,Sidewalk |
|---|---|
| Total Parking | 2.0 |
| Lot Size Area | 0.13 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 48x115 |
| BuyerOfficeFax | 000-000-0000 |
| Lot Size Acres | 0.13 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 49509
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 18, 2024 1:59 AM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
