725 Lafayette Avenue NE, Grand Rapids, MI 49503 (MLS # 24015907)

PRICE	$225,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	6,099 sqft

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.

DAYS ON MARKET	46	LAST UPDATED	4/28/2024
YEAR BUILT	1890	COMMUNITY	Grand Rapids - G
COUNTY	Kent	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AREA	Grand Rapids - G
BUYER'S BROKERAGE COMPENSATION	3.00
CONSTRUCTION	Shingle Siding
FIREPLACE	Yes
HEAT	Electric, Hot Water, Natural Gas, Space Heater
LOT	6098 sq ft
LOT DESCRIPTION	Level
LOT DIMENSIONS	50' x 121'
SEWER	Public Sewer
TAXES	1509
UTILITIES	Natural Gas Available, Cable Available, Natural Gas Connected
WATER	Public
ZONING	multi family

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Listing provided by Five Star Real Estate (Grandv), David VanDam

Updated 5/20/24 2:24 AM PDT

Information Deemed Reliable But Not Guaranteed.

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