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$ 314,900
Est. payment /mo
Pending
44 Lexington AVE NW Grand Rapids, MI 49504
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 65025051830
Year Built 1880
Property Sub-Type MultiFamily
Property Description
Prime Multifamily Investment or Ideal House Hack. Discover this charming up-down duplex in one of Northwest Grand Rapids' most desirable locations -- a 10-minute walk to GVSU, trendsetting downtown restaurants, and public transit, or a 5-minute drive to Medical Mile. Perfect for investors seeking reliable rental income or an owner occupant looking to offset their mortgage with strong rental potential. Two spacious units with separate entrances, electric &gas meters. Roof 2y. Upper unit 3bedrooms, 1 bath, beautifully updated, bright, &move-in ready. Lower unit: Month to month tenants, 4 bedrooms, 1bath, features in-unit laundry &great layout for tenants/extended family. Off-street parking in a private driveway. Strong rental history &high-demand area ensuring steady cash flow potential. With its proximity to the university, hospitals, and downtown, this property offers excellent appreciation potential and strong returns! Showings Fri 6-8 PM, Sat 5-8 PM, Sun 2-4 PM. Offers due 10/15 8pm
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Partial
Interior
Heating ForcedAir, NaturalGas
Laundry InUnit, LaundryRoom, MainLevel
Exterior
Parking Features Concrete, Paved
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Roof Type Composition
Building
Foundation MichiganBasement
Sewer PublicSewer, SewerAtStreet, StormDrain
Water Public
Schools
School District Grandrapids
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
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Listed by Casity H Kao of Keller Williams GR East
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