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Nathaniel Richards

nate@reagentnathaniel.com +1(734) 299-1209

$ 349,900

Est. payment | -/mo

2 Baths

5,009 Sqft Lot

Save

$ 349,900

Est. payment | -/mo

Save

2 Baths

5,009 Sqft Lot

Open House

Sat Oct 24, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26053786

Year Built 1916

Annual Tax Amount $6,335

Tax Year 2025

Lot Size 5,009 Sqft

Acres 0.12

Lot Dimensions 40 x 125

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Multi-unit investment property in Grand Rapids offering ownership of a 2 unit building! The lower, larger unit is occupied for $1,700 per month. It sports hard wood floors, two bedrooms, an updated kitchen with a dishwasher, and easy access the basement. The upper unit is a cozy 1 bed, 1 bath that was previously a furnished rental bringing in between $1,500 and $2,000 per month. Each unit has an off street parking spot. The compact lot size and split utilities keeps maintenance straightforward and operational costs efficient. Whether you're an experienced investor seeking to expand your portfolio or an owner-occupant looking to offset mortgage payments, this structure delivers versatility and long-term appreciation potential. Schedule your showing today!

Location

State MI

County Kent

Rooms

Basement Full, Michigan Basement

Interior

Heating Forced Air

Cooling None

Laundry In Basement

Exterior

Parking Features Driveway, Gravel

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 3

Building

Lot Description Sidewalk

Structure Type Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-32-276-005

Acceptable Financing MSHDA, FHA, Cash, Conventional

Listing Terms MSHDA, FHA, Cash, Conventional

Listed by Cody and Co.

Schools and Properties Nearby

Nathaniel Richards

Realtor License ID: 6501446715

+1(734) 299-1209 | nate@reagentnathaniel.com

1412 Sherman SE Street Grand Rapids, MI 49506

Nathaniel Richards

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

1412 Sherman SE Street