MI > Grand Rapids
Grand Rapids, MI 49503,1129 Lyon Street NE
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Grand Rapids, MI 49503,1129 Lyon Street NE
Grand Rapids, MI 49503,1129 Lyon Street NE
Grand Rapids, MI 49503,1129 Lyon Street NE
Grand Rapids, MI 49503,1129 Lyon Street NE
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Tyrone Powell

Tyrone Powell

+1(734) 415-9295
$ 1,550,000
Est. payment /mo
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1129 Lyon Street NE Grand Rapids, MI 49503

4 Beds

0.61 Acres Lot

UPDATED:

11/19/2024 07:58 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65024059440

Bedrooms 4

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1961

Annual Tax Amount $23,581

Lot Size 0.610 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

Zoning Other

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

Interior

Interior Features Laundry Facility

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 16.0

Waterfront no

Road Frontage Paved

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411429130031

Ownership Private Owned

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Ryan Ogle of EXP Realty (Grand Rapids)
Tyrone Powell

Agent | License ID: 393100

+1(734) 415-9295 | powelladvantageteam@gmail.com

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1129 Lyon Street NE