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$258,885
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026059484
Year Built 1885
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Grand Rapids two-unit with flexible options! This property offers similar upper and lower apartments, each with 3 bedrooms and 1 bath, with split utilities for easy management. The upper unit is now vacant: make it your primary residence and let the lower help pay the mortgage, or lease it at today's rates and set the rent tone for the building, new rent could be $1400+ month. The lower is leased at $1,100 through 4/30/27 to a long-term, dependable tenant, leaving room for upside at renewal. Alley access leads to a detached garage with storage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units. Recently passed Grand Rapids rental certification. A great fit for owner-occupants or workforce housing investors. Easy to show: upper can be seen anytime; lower requires 48-hour notice. All showings need to be done through Sentri.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Partial
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No
Laundry InBasement
Exterior
Parking Features None
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Foundation MichiganBasement
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan
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Listed by Lewis Smalligan of Tall Tree Realty and Property Management LLC
Nearby School & Business
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