1220 Lafayette SE Avenue Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25053861
Year Built 1900
Annual Tax Amount $2,328
Tax Year 2024
Lot Size 4,748 Sqft
Acres 0.11
Lot Dimensions 41x116
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Charming duplex in a convenient location near US-131, perfect for house hackers or investors! Property features two spacious 3 bed, 1 bath units with vinyl siding, replacement windows, and a brand new roof. The lower unit is occupied by a long-term, easygoing tenant on month-to-month at $1,960/month with an increase in progress. The upper unit offers great potential with a new furnace and water heater—move-in ready or ideal for maximizing market rent. Shared laundry available in the basement. Enjoy a fully fenced backyard, perfect for pets or outdoor living. Off-street parking and strong rental demand area. Solid cash-flow opportunity with room for value-add improvements. Rental certificate through 5/11/2028. Don't miss this versatile income property!
Location
State MI
County Kent
Area Grand Rapids - G
Direction E on Hall S on Lafayette
Rooms
Basement Full
Interior
Heating Forced Air
Laundry In Basement
Exterior
Utilities Available Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
View Y/N No
Total Parking Spaces 2
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-18-06-128-005
Acceptable Financing VA Loan,MSHDA,FHA,Cash,Conventional
Listing Terms VA Loan,MSHDA,FHA,Cash,Conventional