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$450,000
Est. payment /mo
0.88 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026009119
Year Built 1921
Lot Size 0.880 Acres
Acres 0.88
Property Sub-Type MultiFamily
Property Description
Move in ready 3 unit, with massive 3 stall garage, and a large lot! A rare find that any house hacker or investor will not want to miss. The upper unit has been fully updated with new flooring, paint, and a renovated bathroom. The spacious main floor unit offers new flooring, carpet, and fresh paint. The lower level is spacious and is rent ready. Exterior improvements completed in 2024 include full exterior paint, new garage siding, underground electrical to the garage, new garage doors, and a new flat garage roof. Currently rental certified as a 2-unit, with the city indicating potential to convert to a 3-unit with separation of the lower and main units. Ideal for investors or owner-occupants. Possibility of short-term rental for owner occupants. If all units are occupied, total monthly rental income of around $4,300 or even more if buyer rented out the garage separately. Come take a look! Additional finishing touches have been taken care of since photos were taken.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating Hot Water, Natural Gas
Fireplace No
Laundry CommonArea
Exterior
Parking Features Garage, Paved
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Roof Type Composition
Building
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
Special Listing Condition Standard
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Listed by Connor Anderson of ReSIDE Grand Rapids
NEARBY SCHOOL & BUSINESS
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