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  • $200,000

    725 Lafayette Ave NE, Grand Rapids, MI 49503

    4beds
    2baths
    1,650sqft
    2 to 4 Units
    Built in 1890
    -- sqft lot
    $262,800 Zestimate®
    $121/sqft
    $1,690 Estimated rent

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 11, 2024 at 08:33am

    Listed by:

    David VanDam 616-890-8011,

    Five Star Real Estate (Grandv)

    Bought with:

    Jason Post

    Five Star Real Estate (Rock)

    Source: MichRIC,MLS#: 24015907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Hot Water, Space Heater
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 1,650 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 6,098 sqft
    • Dimensions: 50' x 121'
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411419327033
    • Zoning description: multi family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Shingle Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Sell for more on Zillow
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    $262,800
    2% more+$5,256
    With Zillow Showcase(estimated)$268,056