43
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$232,000
Est. payment /mo
6,534 Sqft Lot
Active
425 Adams ST SE City Of Grand Rapids, MI 49507
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026046150
Year Built 1916
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type MultiFamily
Property Description
Southeast Grand Rapids Duplex - Turnkey Investment or Owner-Occupant Opportunity. Charming converted single-family home now offering two spacious 2-bedroom, 1-bath units in a rapidly improving Southeast Grand Rapids neighborhood. The lower unit is currently occupied with reliable rental income in place, while the upper unit is vacant and move-in ready -- perfect for an owner-occupant, immediate rent-up, or house-hacking strategy. Each unit offers comfortable, well-proportioned living space. Enjoy the convenience of two off-street parking spaces and a large, dry basement with coin-op laundry, adding extra income potential and storage. The standout feature is the incredibly deep 165-foot backyard -- a rare find offering privacy, room to garden, entertain, or simply enjoy outdoor space. Located in a neighborhood seeing significant reinvestment, with new construction and upgrades happening throughout the area. Easy to show. Don't miss this income-producing property in an up-and-coming area.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Daylight, Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry CommonArea, GasDryerHookup, InBasement, LaundryRoom, WasherHookup
Exterior
Parking Features Paved
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan
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Listed by Lewis Smalligan of Tall Tree Realty and Property Management LLC
NEARBY SCHOOL & BUSINESS
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