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$ 265,000
Est. payment | /mo
2,496 SqFt
$ 265,000
Est. payment | /mo
2,496 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $106
Subdivision Mi
MLS Listing ID 70549722
Year Built 1926
Annual Tax Amount $3,470
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40*132
Property Sub-Type Multi-Family
Property Description
Excellent investment opportunity in Grand Rapids! This classic up/down duplex features two spacious 2-bed, 1-bath units, each showcasing original hardwood floors, beautiful oak trim and coving that highlight the home's timeless character. Modern vinyl double-pane windows provide efficiency & functionality, whilst the vinyl siding is maintenance free. Both units are tenant occupied and currently rent for $1,130 & $1,095 per month, offering excellent upside potential with comparable 2-bedroom units renting for approximately $1,400 per month. Conveniently located just 2 mins from the new MLK Community Center featuring a swimming pool, tennis courts, pickleball courts, basketball courts and year-round community amenities, making this an attractive location for both tenants and owner. 2 mins from Wealthy St, 4 to Eastown, 10 to Downtown.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Forced Air
Exterior
Exterior Feature Brick
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Brick
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Berkshire Hathaway HomeServices Michigan Real Estate (South)
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Shannon Bagdonas
Team Lead / Broker Partner