1129 Lyon Street NE Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49503
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65024059440
Bedrooms 4
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1961
Annual Tax Amount $23,581
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 110 x 243
Property Description
Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Direction Between Michigan and Fulton. West off Fuller on Lyon.
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 16.0
Road Frontage Paved
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411429130031
Ownership Private Owned
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Financing Cash,Other