623 Lane Avenue, Grand Rapids, MI 49504-5018
623 Lane Avenue, Grand Rapids, MI 49504-5018
623 Lane Avenue, Grand Rapids, MI 49504-5018
623 Lane Avenue, Grand Rapids, MI 49504-5018
623 Lane Avenue, Grand Rapids, MI 49504-5018
623 Lane Avenue, Grand Rapids, MI 49504-5018
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David Godin

David Godin

+1(586) 416-0600
$ 319,000
Est. payment | /mo

4,791 Sqft Lot

Save
$ 319,000
Est. payment | /mo
Save

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70540987

Year Built 1905

Annual Tax Amount $8,990

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 37.5*122.55*37.5*122.65

Property Sub-Type Multi-Family

Property Description

Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.

Location

State MI

County Kent

Area Grand Rapids (41032)

Rooms

Basement MI Basement

Interior

Heating Forced Air

Exterior

Exterior Feature Vinyl Siding

Parking Features Additional Garage(s)

Building

Lot Description Wooded

Foundation Basement

Structure Type Vinyl Siding

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)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by ReSIDE Grand Rapids

Schools and Properties Nearby

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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623 Lane Avenue