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Laura Garcia

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

$ 399,900

Est. payment -/mo

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437 Union AVE SE City Of Grand Rapids, MI 49503

2,284 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,284 sqft

Price per Sqft $175

MLS Listing ID 65026056954

Year Built 1885

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

Don't miss this fantastic opportunity to own a charming historic home just a one-minute walk from vibrant Wealthy Street and all its shops, restaurants, and neighborhood attractions! This well-maintained two-unit property offers a great investment opportunity with $3,175 in monthly gross rental income. The lower unit has been occupied by the same tenants for four years, while the upper unit was recently leased. Both leases run through July 2027. Updates throughout both units, separate furnaces and water heaters located in the common basement, and split utilities add to the property's appeal. A rear garage and two available parking spaces provide added convenience. Whether you're looking to expand your investment portfolio or eventually make one unit your own, this property offers historic charm, a desirable location, and excellent rental potential in one of Grand Rapids' most sought-after neighborhoods! *Note pictures were taken when vacant. Professional property management available.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry InBasement

Exterior

Parking Features Garage, Paved

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description Wooded

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Timothy J VandenToorn of United Realty Services LLC

Laura Garcia

Agent License ID: 414348

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

Laura Garcia

437 Union AVE SE City Of Grand Rapids, MI 49503

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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437 Union AVE SE