737 Clancy Avenue
Grand Rapids, MI 49503

More
Photos »

Tools & Resources:

Description

Built in 1892, this all-brick two-unit building is ideally located just a couple of blocks north of Corewell Health on Michigan Ave. Both units feature 2 bedrooms, 1 full bathroom, and private laundry, with gas and electric split so tenants pay their own utilities while the owner covers water and sewer. Leases, disclosures, and operating income statements are attached to the listing. The property offers tons of curb appeal and character, and about 15 years ago it underwent extensive updates including new kitchens, windows, the back half of the roof, and a lower-level furnace, all of which remain in very nice condition. Additional features include a Michigan basement and an oversized one stall garage, currently used by the owner but with potential for additional rental income. With its unbeatable location, this is a must-see, and showings require at least 24 hours' notice for tenants.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kent County
• Zip Code: 49503
• Year Built: 1882
• School District: Grand Rapids
• Units: 2 units
• Basement: Michigan Basement, Yes, Yes
• # of Parking Spaces: 3
• Lot Size: 6316 sq ft lot
• Annual Utilities: 1555
• Construction Materials: Brick
• Cross Street: Michigan Ave/Coit
• Directions: Michigan Ave. to North on Lafayette, West on Bradford, North on Clancy
• Driveway: Gravel
• Extras: Garages, Sep Electric Meter, Sep Gas Meter
• Financial Available: No
• Gross Income: 11096
• Heat Source: Natural Gas
• Heat Type: Forced Air, Wall Furnace
• Heating: Forced Air, Wall Furnace
• Insurance Expense: 1300
• Laundry Features: In Unit
• Lot Size Area: 0.15
• Lot Size Square Feet: 6316
• Lot Size Units: Acres
• Main Type: Multi Family
• Maintenance Expense: 5200
• Manager Expense: 5275
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Owner Pays: Sewer, Water
• Ownership: Private Owned
• Parcel Number: 41-14-19-326-025
• Parking Features: Gravel
• Possession: Subject To Tenant Rights
• Road Frontage: 50
• Road Surface Type: Paved
• SEV: 143400
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDExNTEzIiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTAyVDE5OjEwOjQwLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.eSG1yO2S0Rp_Nasq_xY1y61MVvwdu-u9uYdV6S2QpUQ/badge
• Street Type: Paved, Public
• Tax Annual Amount: 3014
• Tax Legal Description: LOT 20* MOHRHARD S SUBDIVISION* OF PART OF LOTS 59 & 60 COIT & CURTIS PARTITION PLAT
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Trash Collection
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 2012
• Township: City of Grand Rapids
• Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
• Water Access: No
• Water Source: Public Water
• Zoning Description: Res.Improved