5,706 Sqft Lot
5,706 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25009427
Year Built 1900
Annual Tax Amount $5,306
Tax Year 2024
Lot Size 5,706 Sqft
Acres 0.13
Lot Dimensions 55x104
Property Sub-Type 2 to 4 Units
Property Description
The upper unit features a spacious open floor plan, an updated bathroom, and a generously sized bedroom. Tenants will appreciate the private entrance, exclusive balcony, and in-unit washer and dryer. This unit boasts a strong rental history at $1,750 per month.
The lower unit offers over 1,000 square feet of living space, including two bedrooms and one bathroom. It also features a private entrance and in-unit laundry, currently generating $1,500 per month. Whether you're looking to walk into immediate passive income or live in one unit while offsetting your mortgage with rental income, this property presents endless possibilities. Don't miss outschedule your showing today! Whether you're looking to walk into immediate passive income or live in one unit while offsetting your mortgage with rental income, this property presents endless possibilities. Don't miss outschedule your showing today!
Location
State MI
County Kent
Area Grand Rapids - G
Direction Emerald N off Leonard to house
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Parking Features Concrete, Driveway
Utilities Available Cable Available, Natural Gas Connected, Electricity Connected
View Y/N No
Total Parking Spaces 4
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-17-353-001
Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional
Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional
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