Courtesy of Realify Properties, Marcus Love

233 Hollister Avenue SE, Grand Rapids, Michigan, 49506

$339,900
0.14 Acres
5 bd
#26032283
Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. The property also qualifies for valuable historic rehabilitation tax credits, offering the potential to offset renovation costs and further enhance your overall return on investment. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal opportunity for a flipper, long-term investor, or owner-occupant.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Total: 3
  • Zoning Description : Res
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Wood Siding
  • Basement on Property:
PROPERTY DETAILS
ID: 26032283
Status: Active
Price: $339,900
Acres: 0.14 Acres
Price Per Acre: $2,427,857
Type: Multi-family
Address: 233 Hollister Avenue SE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49506
Lat/Long: 42.95853, -85.647908
Presented By: Marcus Love
Phone:
Email: Click to Contact