19
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$265,000
Est. payment /mo
2,496 SqFt
Active
918 Martin Luther King Junior 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
Square Footage 2,496 sqft
Price per Sqft $106
MLS Listing ID 65026040058
Year Built 1926
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type MultiFamily
Property Description
Excellent investment opportunity in Grand Rapids! This classic up/down duplex features two spacious 2-bed, 1-bath units, each showcasing original hardwood floors, beautiful oak trim and coving that highlight the home's timeless character. Modern vinyl double-pane windows provide efficiency & functionality, whilst the vinyl siding is maintenance free. Both units are tenant occupied and currently rent for $1,130 & $1,095 per month, offering excellent upside potential with comparable 2-bedroom units renting for approximately $1,400 per month. Conveniently located just 2 mins from the new MLK Community Center featuring a swimming pool, tennis courts, pickleball courts, basketball courts and year-round community amenities, making this an attractive location for both tenants and owner. 2 mins from Wealthy St, 4 to Eastown, 10 to Downtown.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry GasDryerHookup, InBasement, WasherHookup
Exterior
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Paul Leason of Berkshire Hathaway HomeServices Michigan Real Estate (South)
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