1615 Lyon Street Ne

Grand Rapids, Michigan 49503

  • 4 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.36
    Acre(Lot)
$354,500

Description

Located in the highly sought-after fulton heights neighborhood of grand rapids, this duplex presents an exceptional investment opportunity in one of michigan's most vibrant and rapidly growing cities. offering the potential for steady rental income, this property is perfectly positioned in an area renowned for its dynamic economy, strong rental demand, and thriving real estate market.set on a double-sized lot, the property includes a generous 2-stall garage, currently utilized by tenants for additional storage, adding value and convenience for the renters. both units are fully leased through july 2025, providing an immediate, reliable income stream for the new owner. plus, the city of grand rapids rental certificate is valid through may 2028.recent upgrades to the property, completed within the past year, enhance its overall appeal and functionality. with ample parking and a desirable location just minutes from downtown grand rapids, this duplex is an ideal addition to any investor's portfolio. whether you're looking to expand your rental holdings or enter the grand rapids market, this property offers long-term growth potential and a prime opportunity in a neighborhood that continues to attract attention.
don't miss your chance to secure this incredible investment. schedule your showing today!

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    47634533

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Property Details

  • Interior Features

    • Laundry Facility
    • Roof : Metal

    Heating & Cooling

    • Cooling: Wall Unit(s)
    • Heating: Hot Water
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1920
    • Total Units: 2
    • Roof: Metal

    Utility Features

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

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.36
    • Dimensions: 112 x 140

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $369,500

    Listing Information

    • Possession: At Close
    • Legal Description: PART OF NW 1/4 OF* SEC 28 T7N R11W* COM ON N LINE LYON ST 145 FT E OF W LINE SD SEC TH E ALONG N LINE LYON ST 112 FT TH N PAR WITH W LINE SD SEC 140 FT TH W PAR N LINE LYON ST 112 FT TH S 140 FT TO BEG

  • Tax Information

    • Annual Tax: $6,295
    • Parcel Number: 41428101037

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: PART OF NW 1/4 OF* SEC 28 T7N R11W* COM ON N LINE LYON ST 145 FT E OF W LINE SD SEC TH E ALONG N LINE LYON ST 112 FT TH N PAR WITH W LINE SD SEC 140 FT TH W PAR N LINE LYON ST 112 FT TH S 140 FT TO BEG

  • Virtual Tour

    Parking Information

    • Parking: 5

    Multi-Unit Information

    • Road Frontage: Paved,Pub. Sidewalk

    Unit 2 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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BuyOwner last updated this listing 12/22/2024 @ 11:05

  • MLS: 620162111
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Garages,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.