1220 Lafayette Avenue Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507-1717
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,049 sqft
Price per Sqft $117
Subdivision Mi
MLS Listing ID 70500511
Year Built 1900
Annual Tax Amount $2,328
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 41x116
Property Sub-Type Multi-Family
Property Description
Charming duplex in a convenient location near US-131, perfect for house hackers or investors! Property features two spacious 3 bed, 1 bath units with vinyl siding, replacement windows, and a brand new roof. The lower unit is occupied by a long-term, easygoing tenant on month-to-month at $1,960/month with an increase in progress. The upper unit offers great potential with a new furnace and water heater--move-in ready or ideal for maximizing market rent. Shared laundry available in the basement. Enjoy a fully fenced backyard, perfect for pets or outdoor living. Off-street parking and strong rental demand area. Solid cash-flow opportunity with room for value-add improvements. Rental certificate through 5/11/2028. Don't miss this versatile income property!
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Forced Air
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