725 Lafayette Avenue NE
Grand Rapids, MI 49503
#65024015907
Description
Wow!! Cash flowing investment property for under 250k! 2 Units. Unit 1: Upper: 2 bedroom, 1 bath, current rent is $1,200 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $1,500 per month. Total rents are $2,700 per month!! Off-Street parking off alley. property is located near major bus routes. Walking distance to Coit Arts Academy, Medical Mile, Downtown GR, and Colleges. Tenant's rights apply. 24 hour notice for showings required. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015903 & MLS 24015981.
Interior Details
- HeatingHot Water, Space Heater
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1890
Community and Neighborhood Details
- School DistrictGrand Rapids
- RegionGrand Rapids
- ZoningOther
- CountyKent
Financial Details
- Original List Price$225,000
Other
- MLS #65024015907
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: David VanDam (#65142546168035)
Listing Office: Five Star Real Estate (Grandv) (#652716681161)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
