733 Lafayette Avenue Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49503
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $171
MLS Listing ID 70471214
Year Built 1900
Annual Tax Amount $6,228
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x121
Property Sub-Type Multi-Family
Property Description
Turnkey duplex with reliable rental income in the heart of the desirable Belknap Lookout neighborhood. Situated on a bus route and just minutes from Medical Mile, downtown, restaurants, and parks, this property offers outstanding access to employers and everyday conveniences. Each unit has its own private entrance and separate utilities--featuring a 3 bed/1 bath upper unit and a 2 bed/1 bath lower unit. Both are currently rented, providing immediate cash flow, with tenants covering electric & gas. Already tenant-occupied and professionally managed, this is a seamless investment opportunity with low-maintenance appeal. Perfect for expanding your portfolio or house-hacking. Financials and tenant estoppels available for serious inquiries.
Location
State MI
County Kent
Area Grand Rapids (41032)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,Exchange/Trade