541 Coit Avenue NE, Grand Rapids, MI 49503

$370,000
2
BA
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List Price
$370,000
Days on Market
0
MLS#
26040736
Status
ACTIVE
Type
Multifamily
Bathrooms
2
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(616) 402-2701

Property Description

Welcome to an incredible investment or house-hacking opportunity in Grand Rapids, positioned just minutes from vibrant downtown and the Medical Mile. The vacant lower unit is completely refreshed and move-in ready, offering maximum flexibility for an owner-occupant or an investor aiming to set top market rent. Step inside to discover a spacious, beautifully updated layout featuring a stylish kitchen, a large living room designed for relaxation, two comfortable bedrooms, and a full bathroom. The upper unit is fully occupied, providing immediate rental income from day one to jumpstart your investment journey with three bedrooms and a full bath. Complete with a detached two-stall garage, this versatile property seamlessly blends turn-key convenience, cash-flow potential, and an unbeatable location close to city dining, shopping, and major healthcare hubs.

(616) 402-2701
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Additional Information

Owner Pays
None
Taxes
$5,954
Acres
0.11
Basement
Full, Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
26
Utilities
Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
Water
Public Water
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christopher J Timmer from Listing Office: Keller Williams Harbortown.

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