Grand Rapids, MI 49505,1402 North Avenue
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$ 360,000
Est. payment | /mo

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$ 360,000
Est. payment | /mo
Save

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. Don't miss this unique chance to own a fully leased, low-maintenance property with

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Five Star Real Estate (Grandv)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537

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1402 North Avenue