MLS# 24042812 – 227 James Avenue Se, Grand Rapids, MI 49503 – Dan Otten — Five Star Real Estate (M6)

Courtesy of AARE, Jonathan Hazeltine.

Property Description

Description

5 Beds

2 full, 1 half Baths

2,589 Sqft

5,924 Sqft lot

0.14 Acre lot

Status: Active

Property Type: Single Family Residence

Year Built: 1890

Days on Website: 104

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.

Property Details and Features

Lot

Area:

0.14

Dimensions:

45x132

Features:

"Sidewalk"

0.14 acres

5,924 square feet

Property Access

Road Surface Type:

"Paved"

Basement

Basement:

"Michigan Basement"

Bathrooms

2 full bathrooms

1 half bathroom

3 total bathrooms

Bedrooms

5 total bedrooms

Building

Architectural Style:

"Historic"

Building Area Source:

Public Records

Building Area Total:

2,589

Construction Materials:

"Wood Siding"

Living Area:

2,589

Year Built:

1890

2 stories

Fireplaces

Building includes fireplace

1 total fireplace

Heating

Heating:

"Forced Air"

Heating Included

Laundry

Features:

"In Basement"

Listing

Contract Status Change Date:

2024-08-15

Expiration Date:

2025-02-15

Listing Agreement:

Listing Contract Date:

2024-08-15

Listing Id:

24042812

Listing Terms:

"Cash", "Conventional"

Mls Status:

Active

Modification Timestamp:

2024-11-07 15:24:31

On Market Date:

2024-08-16

Original Entry Timestamp:

2024-08-16 00:56:13

Original List Price:

$510,000

Previous List Price:

490000

Price Change Timestamp:

2024-11-06 19:53:36

Special Listing Conditions:

"None"

Standard Status:

Active

Status Change Timestamp:

2024-08-16 00:56:12

105 cumulative days on market

105 days on market

Location

City:

Grand Rapids

State Or Province:

County Or Parish:

Kent

Postal Code:

49503

MLS Area Major:

Grand Rapids - G

MLS Area Minor:

Grand Rapids - G

Owner Pays

Owner Name:

Agent for Owner

Property

Parcel Number:

41-14-30-476-017

Property Sub Type:

Single Family Residence

Additional Rooms

Rooms Total:

Schools

Middle Or Junior School District:

Grand Rapids

Sewer

Sewer:

"Public Sewer"

Taxes

Annual Amount:

$8,451

Tax Year:

2024

Utilities

Utilities:

"Phone Available", "Natural Gas Available", "Electricity Available", "Cable Available", "Phone Connected", "Natural Gas Connected", "Cable Connected", "Public Water", "Public Sewer"

Water Source:

"Public"

[+] Read More