725, Lafayette, Grand Rapids, MI, 49503
Basics
- Date added: Added 3 weeks ago
- Category: Multi-Family
- Type: 2 to 4 Units
- Status: Active
- Bathrooms: 0
- Lot size: 0.14 sq ft
- Year built: 1890
- Lot Size Acres: 0.14 acres
- County: Kent
- MLS ID: 24015907
Description
-
Description:
Wow!! Cash flowing investment property for under 250k! 2 Units. Unit 1: Upper: 2 bedroom, 1 bath, current rent is $1,200 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $1,500 per month. Total rents are $2,700 per month!! Off-Street parking off alley. property is located near major bus routes. Walking distance to Coit Arts Academy, Medical Mile, Downtown GR, and Colleges. Tenant's rights apply. 24 hour notice for showings required. Pre approval or proof of funds required by seller before any showings are approved. Seller has 3 other 2 family units for sale as well. MLS 24015903, MLS 24015962 & MLS 24015981.
Show all description
Location
- Directions: Take Lafayette north off Michigan or South off Leonard to property. Park on Lafayette.
Building Details
- Number Of Units Total: 2
- Construction Materials: Shingle Siding
- Sewer: Public Sewer
- Heating: Space Heater, Hot Water, Electric, Natural Gas
- Roof: Composition
- Number Of Buildings: 1
- Basement: Michigan Basement
Amenities & Features
- Parking Total: 4
- Utilities: Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected
- Lot Features: Level, Sidewalk
- Fireplaces Total: 1
Fees & Taxes
- Tax Assessed Value: $30,102
- Tax Year: 2024
- Tax Annual Amount: $1,509
School Information
- High School District: Grand Rapids
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Lafayette and Fairbanks
- Owner Pays: Water
- Listing Terms: Cash, Conventional
- Tenant Pays: Electric, Trash Collection, 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 $225,000. It has bedrooms, 0 baths bathrooms, and is . The property was built in 1890 year.
