Grand Rapids, MI 49503-3668,1129 Lyon Street
Grand Rapids, MI 49503-3668,1129 Lyon Street
Grand Rapids, MI 49503-3668,1129 Lyon Street
Grand Rapids, MI 49503-3668,1129 Lyon Street
Grand Rapids, MI 49503-3668,1129 Lyon Street
Grand Rapids, MI 49503-3668,1129 Lyon Street
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$ 1,495,000
Est. payment | /mo

6,272 SqFt


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$ 1,495,000
Est. payment | /mo
Save

6,272 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,272 sqft

Price per Sqft $238

Subdivision Mi

MLS Listing ID 24059440

Year Built 1961

Annual Tax Amount $23,581

Tax Year 2023

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions 110 x 243

Property Sub-Type Multi-Family

Property Description

Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Exterior Feature Brick

Building

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by EXP Realty (Grand Rapids)
David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

Learn More About LPT Realty

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1129 Lyon Street