Photos and Property Details for 714 & 716 Butterworth Street SW, Grand Rapids, MI 49504 (MLS# 24045388).
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$335,000
Grand Rapids, MI 49504
MLS# 24045388
Status: Sold
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Property Description
714 & 716 Butterworth features two homes on one lot with great rental history to GVSU students. Tenant leases in effect until 9/30/25 and 7/31/25. Recent updates include new roof in 2022, water heaters in 2013/2024, windows 2010, furnace 2013, electrical upgrades 2013. 716 Butterworth: This spacious home offers 4 bedrooms and 1.5 bathrooms, currently generating $2,000 per month in rent. 714 Butterworth: A well-maintained residence with 3 bedrooms and 1.5 bathrooms, bringing in $1,575 per month. Located in a prime rental area, this property is ideally situated near Grand Valley State University and downtown Grand Rapids. Both units boast strong rental histories and are positioned close to significant new developments.
Details
Maps
Location & Property Info
Cross Streets: Straight Ave & Seward Ave
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 129.01
General Property Info
New Construction: No
Lot Dimensions: 60.16x128.95
Road Frontage: 60.16
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 2751
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 9562
Lot Acres: 0.22
Year Built: 1890
Tax Info
Taxable Value: 49031
SEV: 138800
For Tax Year: 2023
Seller's Annual Property Tax: 2552.21
Tax Year: 2023
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: Res
Tax ID #: 41-13-25-352-004
Remarks & Misc
Legal: LOT 5* TOLFORD BECKWITH & CO S ADDITION
Status Change Info
Sold Price/SqFt: 121.77
Under Contract Date: 2024-12-04
Sold Date: 2025-01-03
Sold Price: $335,000
Waterfront Options
Water Access Y/N: No
Util Avail at Street
None: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Main Level: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Substructure
Michigan Basement: 1
Owner Pays
None: 1
Unit 1
Unit #: 714
Unit Description: 714
SqFt: 1377
Occupied: Yes
Monthly Rent: 1575
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 716
Unit Description: 716
SqFt: 1374
Occupied: Yes
Monthly Rent: 2000
Bedrooms: 4
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 714 & 716
Street Name: Butterworth
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49504
Zip (4): 6316
OfficeContract Info
Status: Sold
Current Price: $335,000
List Price: $354,900
Listing Date: 2024-08-28
Remarks Misc
Directions: Take I-196 W to Market Ave SW in Grand Rapids. Take exit 85A from US-131 S Merge onto I-96 W Keep left to continue on I-196 W, follow signs for Downtown Gd Rpds/Holland/G R Ford Fwy Use the left lane to take exit 77B to merge onto US-131 S toward Kalamazoo, Take exit 85A for Market Ave, Continue on Market Ave SW. Take Wealthy St SW to Butterworth St SW.
Property Features
Laundry Features: Main Level
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Washer/Dryer
Unit 2: Range/Oven; Refrigerator; Washer/Dryer
Listing Office: Keystone Home Group Realty LLC
Listing Agent: Jordan P Painter
Last Updated: January - 06 - 2025
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