623 Lane AVE NW #625, City Of Grand Rapids, MI 49504
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623 Lane AVE NW #625, City Of Grand Rapids, MI 49504
623 Lane AVE NW #625, City Of Grand Rapids, MI 49504
623 Lane AVE NW #625, City Of Grand Rapids, MI 49504
623 Lane AVE NW #625, City Of Grand Rapids, MI 49504
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Laura Garcia

Laura Garcia

+1(313) 618-5138
$ 319,000
Est. payment /mo
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623 Lane AVE NW #625 City Of Grand Rapids, MI 49504

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026031290

Year Built 1905

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.

Location

State MI

County Kent

Area Area41142Grandrapids

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry GasDryerHookup, InUnit, WasherHookup

Exterior

Parking Features Concrete, Garage, Paved, SharedDriveway

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected

View Y/N No

Building

Lot Description Wooded

Foundation MichiganBasement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Connor Anderson of ReSIDE Grand Rapids
Laura Garcia
Laura Garcia

Agent | License ID: 414348

+1(313) 618-5138 | lauragarciarealestate@gmail.com

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623 Lane AVE NW #625