450 Fountain

Grand Rapids, MI 49503
  • $845,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,044

    SqFt

About the Listing 73056 - MR4592

A rare investment opportunity in the heart of historic Heritage Hill! This stunning five-unit property offers five generously sized one-bedroom, one-bath residences, each approximately 1,000 sf located on a tree-lined street. Beautiful historic character blends seamlessly with thoughtfully updated interiors, with units refreshed in 2022 and attractive finishes throughout. Situated on an extraordinary quadruple lot with an assessed land value exceeding $710,000, the property features an expansive fenced yard, three garage spaces and approximately 10 additional parking spaces - an exceptional amenity in this highly desirable neighborhood. All five units are currently leased, including the garage spaces, providing immediate rental income for the next owner. The property has been newly certified by the City of Grand Rapids for another six years through 2032, offering added confidence and convenience for the next owner. Located next to GRCC, just minutes to accessible downtown

Listing Highlights

Status Pending
Days on Site 24
Property Type Multi-Family
MLS ® 70555338
Year Built 1891
Total Square Footage 5,044
Lot/Acreage 0.45

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 5044
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Sidewalks,Wooded
  • Garage Capacity: N/A
  • Lot Dimensions: 0
  • Zoning: Commercial
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Additional Garage(s)

Financial Details

  • Tax Amount: $16,025
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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450 Fountain Grand Rapids, MI 49503

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Originating MLS: Greater Regional Alliance of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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