733 Lafayette Avenue NE, Grand Rapids, MI 49503
- $273,875
- Sold Price
- $273,875
- List Price
- $279,900
- Closing Date
- Oct 18, 2023
- Days on Market
- 6
- MLS#
- 23132771
- Status
- SOLD
- Type
- Multifamily
- Neighborhood
- Grand Rapids - G
Property Description
With both units fully rented, this is your dream investment opportunity! This remarkable duplex offers an excellent chance to expand your portfolio immediately while already making money. Located in a desirable neighborhood and within minutes of the hospital, this property features two separate units, each with its own unique charm and functionality. The upper unit of this duplex is a spacious and inviting living space and is rented until March of 2024. Boasting 3 bedrooms and 1 bathroom, this unit provides ample room for a growing family or the potential to convert one of the bedrooms into a home office or study. The well-appointed kitchen is perfect for culinary adventures, while the comfortable living room offers a cozy retreat. The lower unit is a long time tenant and is rented month to month. Providing you as the owner the opportunity to keep as a fully functioning income property, OR move into the lower unit and have your other tenant help pay your mortgage! The opportunities are endless. The 2 bed, 1 bath unit provides the perfect amount of space. Add a splash of color, and update the floors, to make it your own, OR to increase your rental income even more.
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Additional Information
- Owner Pays
- Sewer, Water
- Taxes
- $1,616
- Acres
- 0.14
- Basement
- Walk-Out Access
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Trash Collection
- Total Parking Spaces
- 1
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Tammy Jo Budzynski from Listing Office: Keller Williams GR North (Main).
Selling Agent: Selling Office: .
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