371 Hogadone Avenue SW, Grand Rapids, MI 49504

$185,000

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Sold Price
$185,000
List Price
$199,900
Closing Date
Jul 31, 2025
Days on Market
5
MLS#
25030905
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Welcome to 371 Hogadone in SW Grand Rapids, a fantastic opportunity for investors or homeowners seeking versatility and income potential. This two-story 3-unit offers is priced below market value, but has an excellent rental history, making it ideal for those looking to generate additional income or offset their mortgage. With long-term month-to-month tenants of 6 and 20 years (Units 1 and 2. Rents under market. Unit 3- the studio, is vacant and move-in-ready!) who are happy to stay and a 6-year new roof, this property is a true turn-key investment offering immediate cash flow. Quiet cul-de-sac location. Whether you're an investor or looking to live in one unit while renting the other two, this property offers flexibility and the chance to build equity with minimal personal expense. Hogadone offers exceptional convenience with top-rated schools, diverse dining options, and ample shopping opportunitiesall within a short drive in this vibrant community. Don't miss your chance to own this 3-unit flowing with potential in a highly desirable area. City of GR Certificate of Compliance good through November 2027. As a part of the estate process, property was recently appraised at $320,000. Schedule your showing today availability will be limited based on tenant schedules!

Additional Information

Owner Pays
Trash Collection, Water, Gas
Taxes
$1,204
Acres
0.11
Basement
Other
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electric
Total Parking Spaces
3
Utilities
Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kevin M Yoder from Listing Office: LPT Realty.

Selling Agent: Selling Office: .

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