Skip To Content

725 Lafayette Avenue NE

Grand Rapids, MI 49503
  • $225,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 65024015907
UPDATED: 123 min ago
$225,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:
Zoning:
Other
Lot Size Dimensions:
50' x 121'

School Ratings & Info

School District:

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 3 other 2 family units for sale as well. MLS 24015903, MLS 24015962 & MLS 24015981.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-29T14:02:30.827.
www.real5.com/homes/149695405
Print Image

725 Lafayette Avenue NE Grand Rapids, MI 49503

  • Price: $225,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 123 min ago
  • MLS #: 65024015907
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1890
Built
Neighborhood:
Grand Rapids
County:
Kent
Area:
Grand Rapids
School District:
GRAND RAPIDS
Property 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 3 other 2 family units for sale as well. MLS 24015903, MLS 24015962 & MLS 24015981.
Exterior Features

Construction Materials Shingle Siding Foundation Details Michigan Basement Lot Size Dimensions 50' x 121' Parking Total 4 Road Frontage Feet 50 Road Frontage Type PavedPub. Sidewalk Roof Material Composition Waterfront YN No

Interior Features

Basement YN Yes Heating Hot WaterSpace Heater Heating Fuel ElectricNatural Gas Interior Features Cable Available Room Count 0 Unit Two Bed Number Of 2

Property Features

Down Payment Resource YN No Land Contract YN No Listing Financing CashConventional Postal City Grand Rapids Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at StreetStorm Drain Short Sale Unknown Tax Amount Summer 1509.0000 Total Tax 1509.0000 Transaction Type Sale Unparsed Address 725 Lafayette Avenue NE Water Source Public (Municipal)Water at Street Zoning Other

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Five Star Real Estate (Grandv): (616) 257-1500 and Greater Regional AOR MLS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-29T14:02:30.827.
 
Logo
Real5
625 Kenmoor Ave SE Suite 210
Grand Rapids MI, 49546