1053 Martin Luther King Jr Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507-1386
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,518 sqft
Price per Sqft $150
Subdivision Mi
MLS Listing ID 70500032
Year Built 1922
Annual Tax Amount $6,214
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 x 135
Property Sub-Type Multi-Family
Property Description
Solid investment opportunity in the heart of Grand Rapids. This 3-unit property features a spacious main-floor 2-bedroom with 1920s character, two 1-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a 2-3 car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing--ideal setup for house-hacking or repositioning for market-rate rents. Conveniently located near downtown, public transit, and neighborhood amenities.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Hot Water
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Virtual Tour https://www.zillow.com/view-imx/753f4b47-ddb3-4365-a827-dca53f98ba54?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard