$237,501 EMV

4 Beds   2 Baths   1,296 Sq. Ft.   Multi-Family
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Innes St Ne
Grand Rapids, MI 49503

Overview

This Multi-Family is located at Innes St Ne, Grand Rapids, MI 49503. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 2 Baths , 1,296 sqft of living space.
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Status: Inactive
Listing ID: 58206308

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 1,296
  • Lot Size: 0.10 acres
  • Year Built: 1900
  • Day(s) On Site: 98
  • Subdivision: WM P INNES ADD
  • Property Type: Multi Family Dwelling

Public Records

  • Land Area Sqft: 4,356
  • APN: 41-14-30-229-020
  • Property Type: Single Family Residence
  • Township: CITY OF GRAND RAPIDS
  • Front Footage: 44
  • Depth Footage: 101
  • Subdivision: WM P INNES ADD
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Innes St Ne located in Grand Rapids, MI is $1,720/month. Comparable homes around Innes St Ne that are rentals have monthly ranges starting as low as $1,550 per month and as high as $1,890 per month. An owner looking to use this property as an investment could bring a return in the area of $1,550 - $1,890 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


Grand Rapids, MI
Home Inspectors
The Home Examiner, LLC
Oliver Yared
6165504662
Caverley Home Inspections
Patrick Caverley
616-835-1729
Home Inspection Service of MI
Charles Wiersum
800-637-4503
Eric R Stone
616-889-0043
The Home Examiner LLC
Steve Yared
616-516-2703
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Homes On This Street
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Innes St Ne
Grand Rapids, MI 49503

4 Beds   2 Baths   1,296 sq. ft.   Multi-Family

$237,501 EMV

Status: Inactive Listing ID: 58206308

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Innes-St-Ne-Grand-Rapids-MI-49503/58206308_lid

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