Address
725 Lafayette Avenue NE Grand Rapids, MI
Price
$ 195,000
Property Attributes
  • MLS#70178979
  • TypeMulti-Family
  • CountyKENT
  • CityGrand Rapids
  • AreaGrand Rapids
  • NeighborhoodGrand Rapids
  • Zip49503
  • Style
  • Year Built1890
  • Taxes1478
  • Price$ 195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Villegas Group
Data Source:
Michigan Multiple Listing Service
Property Description

Welcome to 725 Lafayette! This desirable property contains two great units; both with 2 bedrooms and one bathroom. Both units are currently rented and bring in $2,000 per month (combined). Convenient location to all medical facilities on Michigan Ave, several recreational parks, and US 131. Contact us to learn how to add this great property to your portfolio today.

Price History
2/11/2021 Listed $195,000

General Features

Class MULTIFAMILY
Directions From US 131, exit onto College and go north. Take College to Hastings St and turn left. Take Hastings west to Lafayette. Take Lafayette north to home.
Financial Terms Cash, Conventional, FHA, VA
Heating Forced Air
Legal Description LOT 46* MOHRHARD S SECOND SUBDIVISION* OF PART OF LOTS 59 & 60 COIT & CURTIS PARTITION PLAT
Listing Area Grand Rapids (41032)
Municipality Grand Rapids
Originating Mls Montcalm County Association of R
School District Grand Rapids City School Distric
Source Mls MI Real Source
Status Active
Status Active
Type Multi-Family
Water Public Water
Year Built 1890

Interior Features

Basement MI Basement
Fuel Type Natural Gas
Total Number of Units 2
Unit 1 Occupied Y/n Yes
Unit 1 Rent Rate 1000
Unit 2 Occupied Y/n Yes
Unit 2 Rent Rate 1000

Exterior Features

Frontage 50
Lot Dimensions 50 x121
Lot Size Area 0.14
Roads City/County, Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49503

Price
AVG $260K
$200K
Taxes
AVG $2,567
$1,478
Visits
AVG 30
7
Year Built
AVG 1896
1890
Walkscore
AVG 68
56
Data Provided by Walkscore ® not using MLS data