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$229,900
Est. payment /mo
4,791 Sqft Lot
Active
371 Hogadone Avenue Grand Rapids, MI 49504-6297
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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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by LPT Realty