26
See all 26 photos
$220,000
Est. payment /mo
1,569 SqFt
Price Dropped by $10K
508 Delaware Street Grand Rapids, MI 49507-1228
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $140
Subdivision Mi
MLS Listing ID 70492837
Year Built 1920
Annual Tax Amount $1,875
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40 x 124
Property Sub-Type Multi-Family
Property Description
Grand Rapids Duplex! Located just 9 mins from Downtown GR. Lower unit offers 2 bedrooms, 1 bath, and a newer furnace and is currently rented for $1,075/month thro 5/30/26.Upper unit features 1 bedroom, 1 bath and a flexible floor plan that could be used as 2 bedrooms or 1 bedroom plus living space. Recently updated with 2 new water heaters. Mainly vinyl windows in both units. Tenants pay gas, electric and trash; owner covers water/sewer.The upper unit is vacant opening the option for an owner occupier or the rental potential of $945/month (placement verified with United Property Management). Great investment opportunity with solid rental income and upside potential.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Brick, Wood
Building
Foundation Basement
Structure Type Brick,Wood
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 Berkshire Hathaway HomeServices Michigan Real Estate (South)
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