Multi-Family2 to 4 Units1308 Leonard Street NE, Grand Rapids, MI 49505

Basics

  • Date added: Added 2 weeks ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 0.9 sq ft
  • Year built: 1880
  • Lot Size Acres: 0.9 acres
  • County: Kent
  • MLS ID: 24047071

Description

  • Description:

    Introducing 1308 Leonard NW, a well-positioned two-unit home with a strong rental history. The property features a lower unit with 2 bedrooms and 1 bathroom, which includes access to a spacious basement. This unit is currently vacant and offers great potential as an owner-occupied residence or could generate rental income of up to $1,500 per month. The upper unit, also 2 bedrooms and 1 bathroom, is leased through July 2025 at a monthly rate of $1,400. This property is an excellent investment opportunity in a desirable location. Roof was new in 2016.

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Location

  • Directions: At Exit 87, head right on the ramp for Scribner Ave NW toward Leonard St Turn left onto US-131 N Bus / Leonard St NW Keep straight to get onto Leonard St NW Arrive at Leonard St NW

Building Details

  • Number Of Units Total: 2
  • Construction Materials: Vinyl Siding
  • Sewer: Public Sewer
  • Heating: Forced Air
  • Roof: Composition
  • Number Of Buildings: 1
  • Basement:

Amenities & Features

  • Parking Total: 0
  • Utilities: Electricity Connected
  • Fireplaces Total: 1
  • Cooling: Central Air

Fees & Taxes

  • Tax Assessed Value: $75,411
  • Tax Year: 2024
  • Tax Annual Amount: $3,738.52

School Information

  • High School District: Grand Rapids

Miscellaneous

  • CrossStreet: Frederick Ave and Valley Ave
  • Owner Pays: None
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Ask an Agent About This Home

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $274,900. It has bedrooms, 0 baths bathrooms, and is . The property was built in 1880 year.

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