$220,000
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508 Delaware ST SE Grand Rapids, MI 49507
1,569 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $133
MLS Listing ID 65025046172
Year Built 1920
Property Sub-Type MultiFamily
Property Description
Grand Rapids Duplex! Located just 9 mins from Downtown GR. Lower unit offers 2 bedrooms, 1 bath, and a newer furnace and is currently rented for $1,075/month thro 5/30/26.Upper unit features 1 bedroom, 1 bath and a flexible floor plan that could be used as 2 bedrooms or 1 bedroom plus living space. Recently updated with 2 new water heaters. Mainly vinyl windows in both units. Tenants pay gas, electric and trash; owner covers water/sewer.The upper unit is vacant opening the option for an owner occupier or the rental potential of $945/month (placement verified with United Property Management). Great investment opportunity with solid rental income and upside potential.Thinking of OWNER OCCUPYING THIS PROPERTY? Contact me to learn how you could potentially save $15,000
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features None
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Grandrapids
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition Standard
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Bought with Five Star Real Estate (Main)