Grand Rapids, MI 49503,1615 Lyon NE Street
Grand Rapids, MI 49503,1615 Lyon NE Street
Grand Rapids, MI 49503,1615 Lyon NE Street
Grand Rapids, MI 49503,1615 Lyon NE Street
Grand Rapids, MI 49503,1615 Lyon NE Street
Grand Rapids, MI 49503,1615 Lyon NE Street
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Paige + Brandon Corbalis

Paige + Brandon Corbalis

+1(574) 222-7086
$ 354,500
Est. payment | /mo

0.36 Acres Lot


$ 354,500
Est. payment | /mo

0.36 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 24059476

Year Built 1920

Annual Tax Amount $6,295

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 112 x 140

Property Description

Located in the highly sought-after Fulton Heights neighborhood of Grand Rapids, this duplex presents an exceptional investment opportunity in one of Michigan's most vibrant and rapidly growing cities. Offering the potential for steady rental income, this property is perfectly positioned in an area renowned for its dynamic economy, strong rental demand, and thriving real estate market.
Set on a double-sized lot, the property includes a generous 2-stall garage, currently utilized by tenants for additional storage, adding value and convenience for the renters. Both units are fully leased through July 2025, providing an immediate, reliable income stream for the new owner. Plus, the City of Grand Rapids rental certificate is valid through May 2028. Recent upgrades to the property, completed within the past year, enhance its overall appeal and functionality. With ample parking and a desirable location just minutes from downtown Grand Rapids, this duplex is an ideal addition to any investor's portfolio. Whether you're looking to expand your rental holdings or enter the Grand Rapids market, this property offers long-term growth potential and a prime opportunity in a neighborhood that continues to attract attention.
Don't miss your chance to secure this incredible investment. Schedule your showing today! Recent upgrades to the property, completed within the past year, enhance its overall appeal and functionality. With ample parking and a desirable location just minutes from downtown Grand Rapids, this duplex is an ideal addition to any investor's portfolio. Whether you're looking to expand your rental holdings or enter the Grand Rapids market, this property offers long-term growth potential and a prime opportunity in a neighborhood that continues to attract attention.
Don't miss your chance to secure this incredible investment. Schedule your showing today!

Location

State MI

County Kent

Area Grand Rapids - G

Direction From I-196, take the Fuller exit, right on Fuller, left on Michigan, right on Alten, left on Lyon to address.

Rooms

Basement Partial

Interior

Heating Hot Water

Cooling Wall Unit(s)

Fireplaces Number 1

Laundry Electric Dryer Hookup, In Unit, Washer Hookup

Exterior

Parking Features Paved

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

View Y/N No

Roof Type Metal

Street Surface Paved

Total Parking Spaces 5

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Aluminum Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41428101037

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Five Star Real Estate Lakeshore LLC

GET MORE INFORMATION

agent
Paige + Brandon Corbalis

Managing Broker/Owner

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

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1615 Lyon NE Street