745 Lyon Street NE, Grand Rapids, MI 49503

$407,000

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Sold Price
$407,000
List Price
$415,000
Closing Date
Jun 19, 2024
Days on Market
8
MLS#
24020739
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Looking for an investment opportunity, or a great place to put your 1031 Exchange? This 2-story, 2 unit Craftsman-style duplex home has a lower unit w/ 3 bedrooms,1 bath, kitchen, & stunning craftsman-style hardwood floors & woodwork throughout. The Upper Apt has 2 bedrooms, kitchen, 1 bath, & two large walk-in closets. Along with its fantastic location, it also has a Large front porch, and relaxing back porch, fenced in area in backyard, and 2 stall garage with off street access. Located just outside of the Heritage Hill area, & Conveniently located within walking distance to GRCC, Medical Mile, Martha's Vineyard & Pizza, Nantucket Bakery, Coffee Shops, Easttown, Fulton St. Farmers Market, & the bus stop is nearby! The large basement is accessible to both units with washer and dryer, and plenty of room for storage. Both units occupied, lower photos are current, and from just before new tenant moved in April 2024. Upper lease is until October 2024. Garage Lease is until Dec 2024.

Additional Information

Owner Pays
Water, Sewer
Taxes
$6,682
Acres
0.12
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electric, Trash Collection, Gas
Total Parking Spaces
2
Utilities
Phone Available, Water Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Angela L Swartz from Listing Office: Childress & Associates Realty.

Selling Agent: Selling Office: .

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