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… Read More 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. Read Less
Courtesy of Windpoint Realty LLC, Kaden Buchholz
Listing Snapshot
Days Online
34
Last Updated
Property Type
Multi Family
Lot Size
0.07 Acres
Year Built
1900
MLS Number
26054255
Additional Details
Basement
Michigan Basement
Building
Built in 1900, 1 building, Construction Materials: Aluminum Siding
Heating
Forced Air
Lot
0.07 acres, Dimensions: 25*115.44
Owner Pays
Water, Sewer
Sewer
Public Sewer
Taxes
Parcel Number: 41-13-24-129-051, Annual Amount: $4,249.54, Assessed Value: $82,300, Legal Description: LOT 1321* PANFIL S ASSESSOR S PLAT NO 56* OF LOTS 2 TO 15 INC & PART OF LOT 16 OF RICHMOND S ADD, Year: 2025, Zoning description: residential
Tenant Pays
Electric, Trash, Gas
Utilities
Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer, Water Source: Private Water
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