203 Morris Avenue SE, Grand Rapids, MI 49503 (MLS# 18052059)

203 Morris Avenue SE, Grand Rapids, MI 49503

$1,780,000
Property Type: Multi Family Lot Size (sq. ft.): 13,895 Status: Sold
Current Price: $1,780,000 List Date: 2/20/2019 Last Modified: 9/26/2021

Overview

Description

History abounds at the Stratford Arms Apartments, located in Heritage Hill, close to downtown Grand Rapids. This immaculate 16 unit complex has a main building with twelve one bedroom and three two bedroom units and an adjacent 2 bedroom/2 bath former caretakers house. Originally built as a bachelor apartment in 1905, much of the character remains. Each unit features leaded glass windows, hardwood floors, fireplaces(no longer working), original ceramic tile bathrooms, tall ceilings, classic wide trim, and an expansive brick courtyard. Rent includes steam heat, water, gas, and trash removal. Tenants pay their own electric. On-site coin-op laundry and tenant storage. Great layouts because they were built as apartments. The typical one bedroom features a 12x18 living room with fireplace,

Supplements: a 10x10 dining room that leads into a kitchen area, 12x12 bedroom, ample closet space, and a bathroom with tub/shower. Recent capital improvements include: newer roof, boiler, hot water heaters, exterior paint, carpet in foyers, refinished hardwood floors, circuit breakers, master keyed, recirculating pump and more.

Listing Details MLS# 18052059

Location Property Info

County
Kent
Street #
203
Street Name
Morris
Suffix
Avenue
Post Direction
SE
State
MI
Zip Code
49503

General Property Info

Lot Measurement
Acres
Lot Square Footage
13895
Lot Acres
0.32
Year Built
1905
New Construction
No
Cert of Compliance
Yes
Total # Units
15
# of Diff Unit Floor Plans
3
Total # Bldgs
2
Total Approx. SqFt All Bldgs
11124
Total Parking Spaces
4
Waterfront
No
School District
Grand Rapids

Tax Info

Tax ID #
41-14-30-451-002
Taxable Value
338810
SEV
507800
For Tax Year
2018
Seller's Annual Property Tax
17509
Tax Year
2017
Spec Assessment & Ty
NA
Zoning
NA

Remarks Misc

Directions
SW corner of Cherry St SE & Morris Ave SE

Status Change Info

Under Contract Date
2019-03-04
Sold Date
2019-04-11
Sold Price/SqFt
160.01

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit Description
1 bedroom
Identical Units
13
Occupied
Yes
Monthly Rent
925
Bathrooms
Yes

Unit 2

Unit Description
2 Bedroom
Identical Units
2
Occupied
Yes
Monthly Rent
1250
Bathrooms
Yes

Unit 3

Unit Description
Single Family Home
SqFt
724
Occupied
No
Monthly Rent
1500
Bathrooms
2

Property Features

Exterior Material: Brick Roofing: Composition; Metal Substructure: Partial Lot Description: Corner Lot; Sidewalk; Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Laundry Facility; Sep Electric Meter; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Radiant; Steam Driveway: Easement; Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Fireplace; Range Oven; Refrigerator Unit 2: A/C Unit; Fireplace; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; W/D Hookup
IDX
Listing Office: Compass Realty Services
Listing Agent: Allison V Koetsier
Source MLS Verified
Last Updated: September - 26 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
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