1129 Lyon Street NE, Grand Rapids, MI 49503
- $1,455,000
- Sold Price
- $1,455,000
- List Price
- $1,495,000
- Closing Date
- May 02, 2025
- Days on Market
- 114
- MLS#
- 24059440
- Status
- SOLD
- Type
- Multifamily
- Neighborhood
- Grand Rapids - G
Property 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!
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Additional Information
- Owner Pays
- None
- Taxes
- $23,581
- Acres
- 0.61
- Basement
- Full
- Heating
- Forced Air
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Total Parking Spaces
- 16
- Utilities
- Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public
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Listing courtesy of Listing Agent: Ryan Ogle from Listing Office: EXP Realty (Grand Rapids).
Selling Agent: Selling Office: .
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