1308, Leonard, Grand Rapids, MI, 49505
$274,900
Basics
- Date added: Added 2 weeks ago
- Category: Multi-Family
- Type: 2 to 4 Units
- Status: Active
- Bathrooms: 0
- Lot size: 0.9 sq ft
- Year built: 1880
- Lot Size Acres: 0.9 acres
- County: Kent
- MLS ID: 24047071
Description
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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: Michigan 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
This 2 to 4 Units style property is located in is currently Multi-Family 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.