For Sale: Grand Rapids MLS# 6643005
Active
$550,000
Commercial: Apartment,Business
Built 1970
1 acres
Grand Rapids schools
MLS# 6643005
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Property Description
Explore this incredible property in Grand Rapids, offering endless possibilities! With 19 bedrooms, three kitchens, three living areas, five full bathrooms, multiple laundry spaces, and a double detached garage, this property is ready for your vision. Its prime location, just a short walk from Minnesota North College and easily accessible from US Hwy 169, makes it a fantastic option for college housing.
Three of the bedrooms are separate, allowing the potential to utilize them into a three-bedroom apartment for additional rental income. This creates exciting opportunities for a mixed-use building to suit your creative ideas. The upper-level units are equipped with mini-split systems for both air conditioning and heating, ensuring comfort year-round. The property is also fully equipped with a sprinkler system for added safety.
Additional features include a walk-out basement and a large deck overlooking the expansive backyardâ??ideal for outdoor gatherings. With so many possibilities, this property invites you to bring your dreams to life. Donâ??t miss out on this incredible opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Property Type:
Commercial
City:
Grand Rapids
Garage Spaces:
2
County:
Itasca
Year Built:
1970
State:
MN
Property Style:
Apartment, Business
Zip Code:
55744
Interior
Ranges:
Three
Refrigerators:
Three
Appliances Included:
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Basement Details:
- Block
- Egress Window(s)
- Finished
- Storage Space
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
20x27
Garage Size:
540 ft2
Garage Door Height:
8
Garage Door Width:
8
Other Parking Spaces:
10
Air Conditioning:
Ductless Mini-Split
Foundation Size:
4,000 ft2
Handicap Accessible:
Hallways 42"+
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Ductless Mini-Split
- Hot Water
Parking Features:
- Detached
- Parking Lot
- Paved
Shared Amenities:
- Deck
- Fire Sprinkler System
- Porch
Unit Amenities:
- Ceiling Fan(s)
- Kitchen Window
Road Frontage:
- City Street
- Paved Streets
- Street Lights
Exterior Material:
Wood Siding
Roof Details:
Asphalt
Rooms
Shared Rooms:
Community Room
Lot & Land
Acres:
1
Geolocation:
47.239458, -93.507001
Inclusions:
Building, Leases
Lot Dimensions:
165 x 265
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
318
District Phone:
218-327-5704
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,091
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,136
Units
Total Units:
19
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Real Broker,LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.