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1100 Lincoln AVE NW City Of Grand Rapids, MI 49504
4,791 Sqft Lot
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026021176
Year Built 1880
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Updated, versatile, and packed with potential, this unique 2-unit property offers flexibility for owner-occupants, investors, or multigenerational living. The main unit is currently owner occupied, while the upper unit is leased through March 2027, providing immediate and stable rental income.In October 2023, the home was professionally lifted 3 feet and upgraded with a brand-new foundation, new water and sewer lines, 2 new water heaters, and all new ductwork. The result is an impressive lower level that feels more like a daylight basement than a traditional basement space. Featuring 4 egress windows, the lower level includes 2 bedrooms, a full bathroom, living area, and plumbing already in place for a future wet bar or small kitchenette. A separate private exterior entrance adds even more flexibility for extended living space, guest quarters, or future expansion possibilities. The basement is ready for floor coverings, and all city permits have been finalized.Outside, thegarage will require repair or possible replacement, creating an opportunity for, additional off-street parking, storage, or potential accessory dwelling unit (ADU) possibilities, subject to local approvals.
A rare opportunity to own a property where the major structural and mechanical improvements have already been completed, while still offering significant upside potential for future value and income growth.
Listing agent is the owner.
A rare opportunity to own a property where the major structural and mechanical improvements have already been completed, while still offering significant upside potential for future value and income growth.
Listing agent is the owner.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Daylight, Full, Walk Out Access
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Unpaved
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Building
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Ronald J Barstow of Baragar Realty LLC