324 Hollister Avenue SE, Grand Rapids, MI 49506 (MLS# 22015348)

324 Hollister Avenue SE, Grand Rapids, MI 49506

$372,000

Property Type: Multi Family Lot Size (sq. ft.): 4,792 Status: Sold

Current Price: $372,000 List Date: 4/29/2022 Last Modified: 9/18/2026

Overview

Description

Historic two unit residence in the heart of the Fairmount Square Historic District neighborhood. Both units are currently occupied and bring in great cash flow, with below market rents providing the opportunity to increase cash flow. Gas and electric are split. The property includes a newer roof, both furnaces, and water heater all replaced within the last 5 years. Basement includes a coin operated laundry for both units to share as well as additional cash flow. The property is certified through February 2023. Showings will be held only during the open house on Tuesday,5/3, from 5pm- 6pm. Seller has directed agent to hold all offers until Thursday, 5/5/22 by 1pm.

Listing Details MLS# 22015348

Location Property Info

County: Kent
Street #: 324
Street Name: Hollister
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Lot Dimensions: 48' x 100'
Year Built: 1890
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2024-09-05
Road Frontage: 48
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids

Tax Info

Tax ID #: 41-14-29-357-006
Taxable Value: 111045
SEV: 143700
For Tax Year: 2022
Seller's Annual Property Tax: 5725
Tax Year: 2021
Spec Assessment & Ty: N/A
Zoning: RES

Remarks Misc

Directions: Eastern S Of Fulton, E On Fairmount, S To House.

Status Change Info

Under Contract Date: 2022-05-05
Sold Date: 2022-07-21

More Information

Waterfront Options

Water Access Y/N: No

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: 3 BRS, 2 BA, LR, DA,
SqFt: 1296
Occupied: Yes
Monthly Rent: 1295
Bathrooms: 2
Full Baths: 2

Unit 2

Unit #: 2
Unit Description: 3 BRS, BA, LR, DA, K
SqFt: 1194
Occupied: Yes
Monthly Rent: 1400
Bathrooms: Yes
Full Baths: Yes

Property Features

Exterior Material: Vinyl Siding Roofing: Composition Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected; Phone Connected Util Avail at Street: Natural Gas Available Owner Pays: Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Shared Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Dishwasher; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator

Listing Office: United Realty Services LLC

Listing Agent: Gabrielle N Kik

Last Updated: September - 18 - 2026

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