Active

227 James Avenue SE

Grand Rapids MI, 49503

$480,000


$185.40 per sqft

Active

5 Beds

3 Baths

2,589 sqft

Residential

Built in 1890

Courtesy of Jonathan Hazeltine, AARE

Motivated seller. Price dropped significantly below market value. House to be taken off the market at Thanksgiving and relisted at market price in spring.
Conservative estimate for renting the 1 bedroom unit on Airbnb is 40k annually! Live for FREE in a 5 bedroom historic home in just a short walk from the wealthy corridor! This Could be Grand Rapids Finest Legal Airbnb! (City of GR restricts Short Term Rentals to just one bedroom in an already owner occupied dwelling.) This incredible home has a fully functioning 1 bedroom apartment directly attached!
A lot of love and care has gone into remodeling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island. Original light fixtures throughout. Easy to convert back to single family. Lots of room to build a garage with plenty of off street parking.

24042812

MLS ID

August 16, 2024

Listed

November 22, 2024

Updated

Map

227 James Avenue SE
Grand Rapids MI, 49503

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Laundry Description

In Basement


Fireplace

Yes


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Sidewalk


Architectual Style

Historic


Sewer

Public Sewer

School Information

School District

Grand Rapids

Other Property Details

Area Name

Grand Rapids - G


Taxes

$8,451


Tax Frequency

Annually


Days on Market

84


Garage

No


View

No


County

Kent


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/6/2024

Price change

$480,000

-3%

9/14/2024

Price change

$490,000

-4%

Courtesy of AARE

The IDX display contains information sourced from the MichRIC® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 11/22/2024

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