Description
Unique option in the city of grand rapids with this fully occupied 3 unit building. the main floor, previously commercial space, has been fully renovated. main floor unit is 2 bed 1 bath bringing in $2000 in rent and both upper units are 1 bed 1 bath with long term tenants each renting at $1,100. all units have shared laundry space with coin operated machines. property has a detached two stall garage with large overhead storage space and the driveway connects lafayette and page streets providing ample parking. the garage has power as well as a storage shed. an additional storage shed adds to the appeal. upper units are in good shape but updating would likely bring improved rents and raise property value.
Property Type
MultifamilyCounty
KentStyle
MultifamilyAD ID
50160061
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Property Details
-
Interior Features
Interior Features
- Other,Laundry Facility
- Roof : Other
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Forced Air
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1930
- Total Units: 3
- Roof: Other
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.12
- Dimensions: 80X64
Property Information
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $545,000
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: S 80 FT OF LOT 20 BLK 3* HOGEBOOM S ADDITION
-
Taxes / Assessments
Tax Information
- Annual Tax: $5,300
- Parcel Number: 411418377033
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: S 80 FT OF LOT 20 BLK 3* HOGEBOOM S ADDITION
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 6
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 1
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/21/2025 @ 00:48
- MLS: 628623496
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 4 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.