558 Lane Avenue NW $178,500

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    558 Lane Avenue NW Grand Rapids, MI 49504

    • 6 Beds
    • 2 Baths
    • 1,960 sq. ft.
    • Single-Family
    • MLS# 20045270
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    Views: 93 Days On Site: 123

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    Property Details

    INVESTORS - check this one out. 6 bedroom homes are hard to find and produce incredible rental income. In an area of higher priced homes, this is one to put in the portfolio. OR, you could 'owner occupy' and rent all the rooms to your friends and make money monthly while paying your house off. Nice condition and move in ready! Parking is a bit limited with just a couple spots in the driveway however, there is street parking which hasn't been an issue. Interest rates are low, price is great - put this one on the 'to see' list.

    • General Features
      • Area Grand Rapids - G
      • County Kent
      • Manufactured Y/N No
      • Municipality City of Grand Rapids
      • New Construction No
      • Property Sub Type Single Family Residence
      • SubArea 41
      • Terms Available FHA
      • Year Built 1890
      • Annual Property Tax 2450.01
      • Tax Year 2020
    • Building Features
      • Basement No
      • Appliances Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
      • Design Traditional
      • Garage No
      • Heat Source Natural Gas
      • Heat Type Forced Air
      • Lower Rooms: Lower Bedrooms 0
      • Lower Rooms: Lower Finished SQFT 0.00
      • Lower Rooms: Lower Full Baths 0
      • Lower Rooms: Lower Half Baths 0
      • Lower Rooms: Total Lower SQFT 0.00
      • Main Rooms: Main Bedrooms 2
      • Main Rooms: Main Full Baths 1
      • Main Rooms: Main Half Baths 0
      • Main Rooms: Main Level SQFT 980.00
      • SqFt Above Grade 1960.00
      • Stories 2.0
      • Substructure Michigan Basement
      • Total Beds Above Grade 6.00
      • Total Fin SqFt All Levels 1960.00
      • Total Rooms AG 11
      • Upper Rooms: Upper Bedrooms 4
      • Upper Rooms: Upper Full Baths 1
      • Upper Rooms: Upper Half Baths 0
      • Upper Rooms: Upper Level Square Feet 980.00
      • Windows Replacement
    • Property Features
      • Lot Acres 0.08
      • Lot Description Sidewalk
      • Lot Dimensions 36x100
      • Lot Measurement Acres
      • Lot Square Footage 3598.00
      • Road Frontage 36.00
      • Sewer Public
      • Water Public
      • Waterfront Y/N No
    • Schools
      • School District Grand Rapids

    Contact

    Gerald Feenstra

    Gerald Feenstra

    Realtor

    RE/MAX Of Grand Rapids

    Cell: 616-706-2674

    Neighborhood

    49504 (Grand Rapids) Demographics

    32 Median Age
    3,526 Population Density (per sq. mile)
    36% College Educated
    $42,488 Estimated Median Income
    9,355 Estimated Total Home Owners
    6,029 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,877 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $190,000 Median Sales Price
    39 Homes Sold
    43 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $178,500
        2/27/2021 6:05:49 PM Status Changed Source New Value: Active
        12/28/2020 12:05:56 PM Status Changed Source New Value: Pending
        10/28/2020 11:20:00 AM New in Database Source New Value: $178,500

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 2/28/2021 3:37:01 AM.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.