1129 Lyon Street Ne

Grand Rapids, Michigan 49503

  • 8 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.61
    Acre(Lot)
$1,550,000

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!

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    47634530

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Property Details

  • Interior Features

    • Laundry Facility

    Heating & Cooling

    • Cooling: Central Air
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1961
    • Total Units: 8

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.61
    • Dimensions: 110 x 243

    Property Information

    • Financing: Cash,Other

  • Listing Price Information

    • Original List Price: $1,550,000

    Listing Information

    • Possession: At Close
    • Legal Description: PART OF NE 1/4 OF NW 1/4 OF* SEC 29 T7N R11W* COM ON N LINE OF LYON ST 250 FT W OF W LINE OF FULLER AVE TH W ALONG N LINE OF LYON ST 110.4 FT MORE OR LESS TO A PT WHICH IS 261.9 FT E OF E LINE OF J F HANRAHAN ADD TH N PAR WITH W LINE OF FULLER AVE 24 3 FT TH E PAR WITH N LINE OF LYON ST TO A PT WHICH IS 250 FT W OF W LINE OF FULLER AVE TH S 243 FT TO BEG

  • Tax Information

    • Annual Tax: $23,582
    • Parcel Number: 411429130031

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: PART OF NE 1/4 OF NW 1/4 OF* SEC 29 T7N R11W* COM ON N LINE OF LYON ST 250 FT W OF W LINE OF FULLER AVE TH W ALONG N LINE OF LYON ST 110.4 FT MORE OR LESS TO A PT WHICH IS 261.9 FT E OF E LINE OF J F HANRAHAN ADD TH N PAR WITH W LINE OF FULLER AVE 24 3 FT TH E PAR WITH N LINE OF LYON ST TO A PT WHICH IS 250 FT W OF W LINE OF FULLER AVE TH S 243 FT TO BEG

  • Parking Information

    • Parking: 16

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 4

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 12/22/2024 @ 11:17

  • MLS: 620157163
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 8 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and Paved parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Grand Rapids , in zip code 49503, this Kent County Multifamily and are nearby neighborhoods.