31
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$360,000
Est. payment /mo
Active
1402 North Avenue Grand Rapids, MI 49505
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70468576
Year Built 1890
Annual Tax Amount $4,975
Tax Year 2024
Lot Dimensions 44x49x25x49x19x99
Property Sub-Type Multi-Family
Property Description
Rare investment opportunity in Grand Rapids! This income-producing property includes a fully renovated single-family home (1404) and a duplex (1402) on one parcel--ideal for investors or owner-occupants looking to house hack. The single-family home was renovated to the studs in 2022 and features stainless steel appliances, new HVAC, central air, updated electrical, plumbing, and windows. Currently rented at $1,300/month (below market).The duplex includes a 2 bed/2 bath lower unit ($900/month) and a 1 bed/1 bath upper unit ($900/month), generating $1,800/month combined. Total monthly rent: $3,100. The tenant in upper unit is 1402 recently moved out so it could be a great chance for an owner occupited rental!Don't miss this unique opportunity.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement, Crawl
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Five Star Real Estate (Grandv)