Ready for a great cash flow opportunity? Than look no further than this duplex at 1801 Paris! This property boasts two tenants in good standing, ensuring immediate income potential. Both units feature many updates throughout, complementing a large functional floor plan that appeals to tenants and or a owner-occupants. Large basement with shared washer and dryer and plenty of storage. Current rents are $1,195 and $1,200 a month. Don't miss out on this opportunity!
Property Details
Property Features
Property Information:
Year Built: 1925
Listing Office:
Office Name: Keller Williams GR East
Office Phone: (616) 575-1800
Listing Agent: Connor Anderson
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Electric, Forced Air
Other
Directions Information:
Directions: Madison to Griggs, East on Griggs to Paris St .
Price Information
Listing Price Info
Price Summary:
List Price: $249,900
Tax Information:
Annual Amount: $2,076
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $60.1K less than the Median Sold Price in Grand Rapids, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Regional Alliance of REALTORS
MLS Number: #65024063101
Listing Office:
Office Name: Keller Williams GR East
Office Phone: (616) 575-1800
Listing Agent: Connor Anderson
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$816
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Brookside Elementary School
2505 Madison Ave SE
Distance between this listing and this school0.86 miles
Public District Grades PK-5
2
/10
Buchanan Elementary School
1775 Buchanan Ave SW
Distance between this listing and this school0.94 miles
Public District Grades PK-5
4
/10
Burton Elementary School
2133 Buchanan Ave SW
Distance between this listing and this school0.95 miles
Public District Grades PK-5
Nearby Schools
2
/10
Dickinson Academy
448 Dickinson St SE
Distance between this listing and this school0.10 miles
Public District Grades PK-8
1
/10
River City Scholars Charter Academy
944 Evergreen St SE
Distance between this listing and this school0.63 miles
Public Charter Grades PK-8
2
/10
Alger Middle School
921 Alger St SE
Distance between this listing and this school0.88 miles
Public District Grades 6-8
Nearby Schools
3
/10
Hope Academy of West Michigan
240 Brown St SE
Distance between this listing and this school0.36 miles
Public Charter Grades PK-12
1
/10
Southeast Career Pathways
1356 Jefferson Ave SE
Distance between this listing and this school0.64 miles
Public District Grades 9-12
2
/10
Link Learning Grand Rapids Alger Heights
2431 Eastern Ave SE
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $45,860. Typical income of Grand Rapids, MI residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 1801 Paris Ave SE in Grand Rapids, MI and zip code 49507 in the Garfield Park neighborhood. This home, which was built in 1925, sits on a 0.14 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $249,900.
Grand Rapids, MI housing market in November 2024 saw over 93 listings sold above listed price, more than 62 sold at listed price and over 122 sold below. The number of listings in Grand Rapids, MI decreased by 10.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $310,027, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.