Homes for sale - 1129 Lyon NE Street, Grand Rapids, MI 49503

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Paige + Brandon Corbalis

paige@brickbuiltre.com +1(574) 222-7086

$ 1,550,000

Est. payment | -/mo

0.61 Acres Lot

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$ 1,550,000

Est. payment | -/mo

Save

0.61 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 24059440

Year Built 1961

Annual Tax Amount $23,581

Tax Year 2024

Lot Size 0.611 Acres

Acres 0.61

Lot Dimensions 110 x 243

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!

Location

State MI

County Kent

Area Grand Rapids - G

Direction Between Michigan and Fulton. West off Fuller on Lyon.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Laundry In Unit

Exterior

Parking Features Paved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available

View Y/N No

Street Surface Paved

Total Parking Spaces 16

Building

Lot Description Level

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-29-130-031

Acceptable Financing Cash

Listing Terms Cash

Listed by EXP Realty (Grand Rapids)

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Paige + Brandon Corbalis

Managing Broker/Owner

+1(574) 222-7086 | paige@brickbuiltre.com

1129 Lyon NE Street Grand Rapids, MI 49503

Paige + Brandon Corbalis

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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1129 Lyon NE Street