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$249,000
Est. payment /mo
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026054255
Year Built 1900
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type MultiFamily
Property Description
Discover an investment opportunity in Grand Rapids with this two- to four-unit multifamily property. The lower unit is occupied by a tenant, providing income from day one, while the upstairs unit is vacant and available for a new lease or owner occupancy. The compact 2,875-square-foot lot provides efficient land use in an established area. Whether you're building equity through ownership or seeking to diversify your investment portfolio, this property offers the potential for steady value appreciation. The configuration supports multiple income streams or flexible living arrangements, making it a practical choice for ownership-focused buyers seeking long-term financial stability.
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Building
Foundation MichiganBasement
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Private
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA
Listing Terms Cash, Conventional, FHA, MSHDA
Special Listing Condition ShortSale
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Listed by Kaden Buchholz of Windpoint Realty LLC
NEARBY SCHOOLS & PROPERTIES
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