Grand Rapids, MI 49507,1220 Lafayette SE Avenue
Grand Rapids, MI 49507,1220 Lafayette SE Avenue
Grand Rapids, MI 49507,1220 Lafayette SE Avenue
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$239,900
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4,748 Sqft Lot
Pending

1220 Lafayette SE Avenue Grand Rapids, MI 49507

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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


Listed by Clear Realty Group

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Jonathan Stowers

Jonathan Stowers

Agent | License ID: 6501449876

+1(269) 675-0215

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1220 Lafayette SE Avenue