371 Hogadone Avenue Active

Grand Rapids,MI 49504-6297

$ 229900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 25005363

Year Built 1885

Annual Tax Amount $1,204

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 53x100x75x98

Property Sub-Type Multi-Family

Property Description

Welcome to 371 Hogadone in SW Grand Rapids, a fantastic opportunity for investors or homeowners seeking versatility and income potential. This two-story 3-unit offers is priced below market value, but has an excellent rental history, making it ideal for those looking to generate additional income or offset their mortgage. With long-term month-to-month tenants of 6 and 20 years (Units 1 and 2. Rents under market. Unit 3- the studio, is vacant and move-in-ready!) who are happy to stay and a 6-year new roof, this property is a true turn-key investment offering immediate cash flow. Quiet cul-de-sac location. Whether you're an investor or looking to live in one unit while renting the other two, this property offers flexibility and the chance to build equity with minimal personal expense.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Rooms

Basement Other

Interior

Heating Forced Air

Exterior

Exterior Feature Brick,Vinyl Siding

Building

Lot Description Sidewalks

Foundation Basement

Water Public Water

Structure Type Brick,Vinyl Siding

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

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