
1566 Wealthy Street SE Grand Rapids MI 49506 | 1566 Wealthy St SE
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1566 Wealthy Street SE Grand Rapids MI 49506 1566 Wealthy St SE
12 Unit Apartment Building $721,803 CAD ($60,150 CAD/Unit) Grand Rapids, MI 49506



EXECUTIVE SUMMARY
Welcome to 1566 Wealthy St., a prime investment opportunity in the heart of the thriving East Town neighborhood. This 5-unit property is ideally located within walking distance to the best shops, restaurants, and attractions along Wealthy Street. With strong rental income and excellent growth potential, this is an ideal addition to any portfolio. The building also features convenient coin-operated laundry in the basement. Act fast—properties like this don't come around often!
PROPERTY FACTS Under Contract
Price | $721,803 CAD | Apartment Style | Low Rise |
Price Per Unit | $60,150 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.22 AC |
No. Units | 12 | Building Size | 4,376 SF |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1895 |
Price | $721,803 CAD |
Price Per Unit | $60,150 CAD |
Sale Type | Investment |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.22 AC |
Building Size | 4,376 SF |
No. Stories | 2 |
Year Built | 1895 |
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
Parcel Number | 41-14-32-230-004 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $358,632 CAD |
PROPERTY TAXES
Parcel Number
41-14-32-230-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$358,632 CAD
ZONING
Zoning Code | TN-LDR |
TN-LDR |
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Presented by
MOXIE Real Estate + Development
1566 Wealthy Street SE Grand Rapids MI 49506 | 1566 Wealthy St SE
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