956 Hovey SW Street, Grand Rapids, MI 49504
956 Hovey SW Street, Grand Rapids, MI 49504
956 Hovey SW Street, Grand Rapids, MI 49504
23
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$275,500
Est. payment /mo
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2 Baths
6,072 Sqft Lot
New

956 Hovey SW Street Grand Rapids, MI 49504

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Jonathan Stowers

Jonathan Stowers

+1(269) 675-0215

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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 26052856

Year Built 1941

Annual Tax Amount $2,286

Tax Year 2026

Lot Size 6,072 Sqft

Acres 0.13

Lot Dimensions 66x92

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

INVESTORS—THIS ONE IS READY TO GO! This fully rented Grand Rapids duplex offers immediate income with both units currently occupied and a City of Grand Rapids Rental Certificate valid through December 2030. But the opportunity may not stop there! The property previously had a detached garage and is zoned TN-LDR, creating an exciting opportunity to explore the potential for a future garage with an Accessory Dwelling Unit (ADU) or other permitted configuration. Two existing rental units today with the possibility of exploring additional living or rental space tomorrow! Any future ADU, garage, additional dwelling, or development is not guaranteed and is subject to City of Grand Rapids and other required approvals. Buyer and buyer's agent to verify all information, zoning, permitted uses, requirements, and approvals and complete their own due diligence regarding any intended future use. Conveniently located near downtown Grand Rapids, shopping, restaurants, and area amenities. Whether Both units are currently tenant occupied with a combined monthly rental income of $2,470. Unit 1: $1,150/month with lease in place through October 2027. Unit 2: $1,320/month with lease in place through May 1, 2027. Both units are currently tenant occupied with a combined monthly rental income of $2,470. Unit 1: $1,150/month with lease in place through October 2027. Unit 2: $1,320/month with lease in place through May 1, 2027.

Location

State MI

County Kent

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Paved

Utilities Available Phone Available, Natural Gas Available, Natural Gas Connected

View Y/N No

Street Surface Paved

Total Parking Spaces 4

Building

Structure Type Aluminum Siding,Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-13-26-430-001

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

Listed by Apex Realty Group

NEARBY SCHOOL & BUSINESS

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Jonathan Stowers

Jonathan Stowers

Agent License ID: 6501449876

+1(269) 675-0215

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956 Hovey SW Street