1129 Lyon Street NE, Grand Rapids, MI 49503 (MLS # 24059440)

PRICE	$1,550,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	26,572 sqft

Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!

DAYS ON MARKET	39	LAST UPDATED	11/15/2024
YEAR BUILT	1961	COMMUNITY	Grand Rapids - G
COUNTY	Kent	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	Central Air
AIR CONDITIONING	Yes
AREA	Grand Rapids - G
BASEMENT	Full, Yes
CONSTRUCTION	Brick
FIREPLACE	Yes
HEAT	Forced Air, Natural Gas
LOT	0.61 acre(s)
LOT DESCRIPTION	Level
LOT DIMENSIONS	110 x 243
PARKING	Paved
SEWER	Public Sewer
TAXES	23581.5
UTILITIES	Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
ZONING	Comm Imp

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Listing provided by EXP Realty (Grand Rapids), Ryan Ogle

Updated 12/22/24 12:11 PM PST

Information Deemed Reliable But Not Guaranteed.

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