tomo logo

$180,000

Beds
3
Baths
2.0
sq ft
1,906

1240 Hamilton Ave NW, Grand Rapids, MI 49504

1240 Hamilton Ave NW

Grand Rapids, MI 49504

  • <1 day on market
This spacious 2-unit property is a fantastic investment opportunity with incredible potential. The main floor features a generous layout with a living room, dining room, three bedrooms, a kitchen with laundry, and a bathroom ready for your vision. Upstairs, you will find a well-sized second unit with two bedrooms, a kitchen, dining area, living room, and full bath. A large garage and basement storage add even more value. With some work, this property could shine whether you are looking to flip, rent, or create a multi-generational home. Do not miss out, schedule your showing today. All offers are due on or before 3/18/25 @ 3:00 PM.

Details

Property type

Single Family Residence

Est. home value

$195,902

Lot size

5,663 sq ft

Price per sq ft

$95

Year built

1895

Annual property taxes

$1,479

Price History

03/11/2025
Realcomp

Realcomp #65025008884

Listed
$180,000
+350%
07/25/2014
Realcomp

Realcomp #71014033376

Sold
$40,000

Schools & Community

Neighborhood: 

West Grand

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Honor Cu

Loan start date

January 2023

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Credit Line (Revolving), 20 year

Seller

Jeremy Potter

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/12/2025 at 7:15 AM

Listing updated: 03/11/2025 at 10:14 PM

Listed by: Larry E Martin, Larry E Martin, Keller Williams Realty RivertownKeller Williams Realty Rivertown Phone #: (616) 288-3244

MLS: Realcomp #65025008884

Realcomp logo

Recently listed in Grand Rapids