934 Butterworth Street
Grand Rapids, MI 49504

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Description

Investor/developer opportunity at 934 Butterworth SW. Mixed-use building with 2 turn-key vacant 2-bedroom apartments upstairs, 2 commercial office spaces on the main floor, 2 garages, rear parking, and a full basement. Per City communication, zoning may support up to 6 residential units total, with potential to convert the main floor into 4 residential units, subject to approvals, code, and parking review. Upper units require a fire-rated ceiling assembly and furnace relocation for occupancy. Main floor may continue as commercial, or future residential conversion would trigger fire suppression. This property features 2 garage spaces, parking in back of building, and a full basement for extra storage. Offered as is at $399,000.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kent County
• Zip Code: 49504
• Year Built: 1920
• School District: Grand Rapids
• Units: 4 units
• Basement: Full, Yes, Yes
• # of Parking Spaces: 5
• Lot Size: 6229 sq ft lot
• Construction Materials: Brick, Wood Siding
• Cross Street: Butterworth x Gunnison
• Directions: 131 to Wealthy St to Butterworth St, east to property.
• Driveway: Paved
• Financial Available: No
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Size Area: 0.14
• Lot Size Square Feet: 6229
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 4
• Owner Pays: Sewer, Trash Collection, Water
• Ownership: Broker/Agent Owned
• Parcel Number: 41-13-26-480-002
• Parking Features: Paved
• Possession: Close Of Escrow
• Road Frontage: 40
• SEV: 144600
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDE2NjA1IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTIwVDE4OjUyOjU4LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.qpHaoCTU9hmiuCYMqFIjxx2pWdSBakso79gZp9GlYqs/badge
• Spec Assessment Ty: None Known
• Street Type: Public
• Tax Annual Amount: 7805
• Tax Legal Description: LOT 17* COURTNEY S ADDITION* ALSO LOT 849 PANFIL S ASSESSOR S PLAT NO. 45
• Tax Year: 2025
• Tenant Pays: Electricity, Gas
• Terms Available: Cash, Conventional
• Township: City of Grand Rapids
• Util Availat Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water
• Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
• Water Source: Private
• Zoning Description: C1