508 Delaware Street SE, Grand Rapids, MI 49507 - MLS#65025046172

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$220,000

Est. payment - /mo

2 Beds

4,791 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025046172

Bedrooms 2

Year Built 1920

Annual Tax Amount $1,875

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40 x 124

Source Greater Regional Alliance of REALTORS®

Property Description

Grand Rapids Duplex! Located just 9 mins from Downtown GR. Lower unit offers 2 bedrooms, 1 bath, and a newer furnace and is currently rented for $1,075/month thro 5/30/26.Upper unit features 1 bedroom, 1 bath and a flexible floor plan that could be used as 2 bedrooms or 1 bedroom plus living space. Recently updated with 2 new water heaters. Mainly vinyl windows in both units. Tenants pay gas, electric and trash; owner covers water/sewer.The upper unit is vacant opening the option for an owner occupier or the rental potential of $945/month (placement verified with United Property Management). Great investment opportunity with solid rental income and upside potential.Thinking of OWNER OCCUPYING THIS PROPERTY? Contact me to learn how you could potentially save $15,000

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction MLK to South on Madison to East on the Property

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Roof Type Composition

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick,Wood

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411431406021

Ownership Private Owned

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

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Listed by Paul Leason of Berkshire Hathaway HomeServices Michigan Real Esta

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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508 Delaware Street SE Grand Rapids, MI 49507

Jason Miller

Key Details

Location

Interior

Exterior

Building

Schools

Others

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