MI > Grand Rapids
Grand Rapids, MI 49507,1038 LAFAYETTE Avenue SE
Grand Rapids, MI 49507,1038 LAFAYETTE Avenue SE
Grand Rapids, MI 49507,1038 LAFAYETTE Avenue SE
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$239,000
Est. payment /mo
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2 BD
2 BA
2,140 SqFt
Price Dropped by $16K

1038 LAFAYETTE Avenue SE Grand Rapids, MI 49507

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David Elwood

David Elwood

+1(248) 568-5958

UPDATED:

10/09/2024 04:35 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $111

MLS Listing ID 20240057854

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1915

Annual Tax Amount $2,152

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 41.00 x 109.00

Property Description

Huge Price reduction on this great investment opportunity! This is your opportunity to own your very own income producing duplex! Both units are 2 bed, 1 bath, with over 1000 square feet each. One unit is tenant occupied and leased for $1400 per month. The other unit is owner occupied and can easily be leases for the same or even more! There is off-street parking and a garage. Split utilities. Both furnaces and both water heaters are newer. Electrical has been redone. Spacious basement with laundry. City certified. Pictures are from prior to tenants' move in. Hurry and take a look as it won't last long!

Location

State MI

County Kent

Area Grand Rapids

Zoning Multi-Family

Direction Right on Madison Ave SE, Left on Hall St. SE Right on Lafayette Ave. SE

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal), Water at Street

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Aluminum

Schools

School District East Grand Rapids

Others

Pets Allowed Yes

Tax ID 411431378010

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by The Virtual Realty Group

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David Elwood

Broker Associate | License ID: 6506045662

+1(248) 568-5958

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1038 LAFAYETTE Avenue SE