164-166 Lone Pine Street NW, Sparta, MI 49345

$285,000

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Sold Price
$285,000
List Price
$275,000
Closing Date
Sep 22, 2023
Days on Market
4
MLS#
23030389
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Nestled within the tranquil heart of Sparta, Michigan, this charming two-unit home offers a unique investment opportunity for those seeking both comfort and financial growth. With a prime location and desirable features, this duplex presents an inviting prospect for homeowners and investors alike. This well-maintained duplex, features two distinct units mirroring each other in layout and design. Each unit comprises 2 bedrooms and 1 bathroom, providing a comfortable and functional living space for occupants. With a total of four bedrooms and two bathrooms, this property is ideal for accommodating families, couples, or individuals. Unit 164 - Recently Updated and Vacant: has undergone recent updates, transforming it into a modern haven of comfort. Freshly painted walls and newly installed flooring create an inviting atmosphere throughout. The updated kitchen boasts freshened cabinetry, an a convenient breakfast nook for casual dining. The bathroom has been tastefully remodeled, showcasing contemporary fixtures and finishes. Natural light filters through the large windows, highlighting the thoughtful design of the living spaces. With its impeccable presentation, Unit 164 stands ready to welcome new residents seeking a move-in ready home. Unit 166 - Tenant-Occupied Investment: currently offers an attractive investment opportunity with a month-to-month tenant in place. The current tenant's history of punctual payments and responsible tenancy adds an element of stability to your investment portfolio. This unit mirrors the layout and design of Unit 164, ensuring consistency throughout the property. The duplex is surrounded by a well-manicured lawn, providing an ideal outdoor space for relaxation and recreation. Separate driveways offer ample parking for residents and guests, enhancing convenience. Situated in a peaceful neighborhood, the property enjoys proximity to local schools, parks, and essential amenities. Sparta's charming downtown area is just a short drive away, offering a variety of dining, shopping, and entertainment options. This duplex not only offers a comfortable living arrangement but also presents an excellent investment opportunity. Unit 166's month-to-month tenant provides immediate rental income, while Unit 164's recent updates enhance its market appeal, potentially commanding higher rent or serving as an attractive owner-occupied unit.

Additional Information

Owner Pays
Sewer, Water
Taxes
$6,682
Acres
0.29
Basement
Slab
Heating
Forced Air
Roofing
Composition
School District
Sparta
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
4
Utilities
Natural Gas Connected, Electricity Connected
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Donna K Anders from Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (Main).

Selling Agent: Selling Office: .

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