Grand Rapids, MI 49503,733 Lafayette NE Avenue
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Grand Rapids, MI 49503,733 Lafayette NE Avenue
Grand Rapids, MI 49503,733 Lafayette NE Avenue
Grand Rapids, MI 49503,733 Lafayette NE Avenue
Grand Rapids, MI 49503,733 Lafayette NE Avenue
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$ 299,000
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733 Lafayette NE Avenue Grand Rapids, MI 49503

6,055 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

Subdivision Mohrhard S Second Sub

MLS Listing ID 25024555

Year Built 1900

Annual Tax Amount $6,228

Tax Year 2025

Lot Size 6,055 Sqft

Acres 0.14

Lot Dimensions 50x121

Property Sub-Type 2 to 4 Units

Property Description

Turnkey duplex with reliable rental income in the heart of the desirable Belknap Lookout neighborhood. Situated on a bus route and just minutes from Medical Mile, downtown, restaurants, and parks, this property offers outstanding access to employers and everyday conveniences. Each unit has its own private entrance and separate utilities—featuring a 3 bed/1 bath upper unit and a 2 bed/1 bath lower unit. Both are currently rented, providing immediate cash flow, with tenants covering electric & gas. Already tenant-occupied and professionally managed, this is a seamless investment opportunity with low-maintenance appeal. Perfect for expanding your portfolio or house-hacking. Financials and tenant estoppels available for serious inquiries. Whether you're expanding your portfolio or looking to offset your mortgage with rental income, this property checks all the boxes. Whether you're expanding your portfolio or looking to offset your mortgage with rental income, this property checks all the boxes.

Location

State MI

County Kent

Area Grand Rapids - G

Direction I-196, exit on College Ave, then north. Take Hastings (just north of the freeway) West to Lafayette, then turn Right (North). Property is on the left with on-street parking.

Rooms

Basement Michigan Basement, Walk-Out Access

Interior

Interior Features Broadband

Heating Forced Air

Fireplaces Number 1

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 1

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-19-327-031

Acceptable Financing Cash, Conventional, Tax Def Exchange

Listing Terms Cash, Conventional, Tax Def Exchange


Listed by Greenridge Realty South Haven
agent

Lamar A. Davis

Agent | License ID: 650144829

+1(734) 749-4609

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733 Lafayette NE Avenue