431 Fernando Street Ne, Grand Rapids

$117,900

4 Beds
1 Baths
1,208 Sqft
.11 Acres
1 Garages

CRESTON NEIGHBORHOOD! 4 bedroom, 1 bathroom home. Features a usable basement with laundry area, attached garage, vinyl windows, 1 1/2 year old water heater, new rubber roof over porch and new flooring on the main floor.Tenants have leased this house for 11 years and are on a month-to-month lease currently paying $900 per month. Tenants would love to continue renting this home but are aware and willing to move if the buyer has other plans. Tenants have excellent (if not perfect) payment history. Landlord has never had to contact them for rent.Seller is liquidating his Grand Rapids properties and is selling this below market value because he would like to give the tenants a chance to remain in the home. Perfect rental property with established and happy renters who pay for all utilitiesmow the lawn, shovel the sidewalk and driveway, pay for trash, etc. Very hands-off and worry free income property. It is also a perfect candidate to fix and flip or primary residence. Located in the very desirable Creston Neighborhood, this home won't last long!
Currently registered and approved as a single family rental with the City of Grand Rapids until 10/27/24.

Essential Information
MLS® #20023437
Price$117,900
Bedrooms4
Bathrooms1.00
Full Baths1
Square Footage1,208
Acres0.11
Year Built1900
TypeResidential
Sub-TypeSingle Family
StyleTraditional
StatusActive
Community Information
Address431 Fernando Street Ne
AreaG41- Kent County
SubdivisionCity of Grand Rapids
CityGrand Rapids
CountyKent
StateMI
Zip Code49505
Amenities
# of Garages1
GaragesAttached, 1
Interior
HeatingForced Air
# of Stories2
Has BasementYes
Basement

Full Basement, Michigan Basement

Exterior
ExteriorHard/Plank/Cement Bd
School Information
DistrictGrand Rapids
Additional Information
ZoningResidential
Accessibility FeaturesN
Heat SourceNatural Gas
Homestead Percent0.00
Price/SqFt97.60
SewerPublic
WaterPublic
Legal

LOT 18 BLK 2* PAGE S SUBDIVISION* OF BLKS 16 & 17 STEWART & IVES ADD

Financial Details
Annual Property Tax$923
Approximate Association Fee$0
Association Buy in Fee$0
Auction or For SaleFor Sale
Tax Year2019
PossessionSubject to Tenant Rights
Sale ConditionsNone
SEV38700.00
Spec Assessment & Typenone
Tax ID #411418451023
Taxable Value17633.00
Terms AvailableCash Only, Cash/Conventional
Listing Details
Listing AgentEdward C Ophoff
Listing OfficeFive Star Real Estate (M6)
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Listing information last updated on July 4th, 2020 at 1:00am EDT.