205 West Street, Grand Ledge, MI 48837 (MLS# 233085)

205 West Street
Grand Ledge, MI 48837
MLS# 233085
Status: Active Backup

205 West Street, Grand Ledge, MI 48837
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205 West Street, Grand Ledge, MI 48837

Property Description
Are you looking for an investment property right in the heart of Grand Ledge or a way to help make the mortgage with a little help from a renter? This well maintained historical home has been transformed into two apartments each with their own furnace. Unit 1 has the larger floor plan with two bedrooms upstairs with a loft between them. The full bathroom is located on the main floor along with a spacious dining area, living room and larger kitchen with plenty of counter space . Unit 2 has a roomy loft above for the bedroom. The full bathroom, efficient kitchen and cozy living room are all downstairs. Both have convenient Laundry on the main floor. This home has been well taken care of and has lots of charm! Please allow 24 hours notice as it is currently occupied with renter

Current Price: $139,900
Contract Info
List Price: $139,900
Location & Legal Info
Street #: 205
Street Name: West
Suffix: Street
State: MI
Zip Code: 48837
Zip +4: 1049
School District: Grand Ledge
Key: LO
Township/Tax Authority: Grand Ledge City
County: Eaton
Subdivision: None
Directions: North to Bridge St, West to W. Front to West.
General Property Info
Building 1 Description: two story
# of Units: 2
Year Built: 1910
SqFt - Above Appx: 1592
Parking Total: 4
Lot Dimensions: undefinedxundefined
Lot Acres: 0.31
Tax Info
State Eq Value: 51100
Taxes: 3141
Tax Year: 2017
Parcel #: 23-400-078-003-142-00
Taxable Value: 51100
Zoning: Residential
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Active Backup
Under Contract Date: 2019-01-11
Annual Inc & Expense
Gross Rent: 18300
Water/Sewer Expense: 873.07
Tax Expense: 3156.55
Electricity: 2040
Maintenance: 1000
Insurance: 1324
Net Income: 9906.38
Unit 1
Unit: 1
Rooms: 4
Baths: 1
Bedrooms: 2
Monthly Income: 875
Finished SqFt: 992
Unit 1 Appliances
Dryers: 1
Ovens: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit 2
Unit: 2
Rooms: 3
Baths: 1
Bedrooms: 1
Monthly Income: 650
Finished SqFt: 600
Unit 2 Appliances
Dryers: 1
Ovens: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Misc Business Info
Zoning: residential
Property Features
Basement: Full; Outside Entrance; Shared
Exterior: Vinyl Siding
Driveway: Gravel
Water: Public
Sewer: Public Sewer
Roof: Shingle
Extras: Cable Installed; High Speed Internet; High Speed Internet; High Speed Internet; High Speed Internet; High Speed Internet; Smoke Alarm
Garage: No Garage
Heating: Forced Air - Gas
Water Heater: Gas Natural
Land & Acreage: Up to 1/4 Acre
Type: Two Story
Terms: Cash; Conventional
Showing: 24 Hour Notice; Combo; Key Box; Sign on Property; Showing Time

Listing Office: Zie Realty

Listing Agent: Sara Ridner

Last Updated: January - 12 - 2019

Information deemed reliable but not guaranteed.

Sunday 20th of January 2019 11:52 PM