For more information regarding the value of a property, please contact us for a free consultation.
1220 Lafayette AVE SE Grand Rapids, MI 49507
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,049 sqft
Price per Sqft $116
MLS Listing ID 65025053861
Sold Date 11/24/25
Year Built 1900
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Charming duplex in a convenient location near US-131, perfect for house hackers or investors! Property features two spacious 3 bed, 1 bath units with vinyl siding, replacement windows, and a brand new roof. The lower unit is occupied by a long-term, easygoing tenant on month-to-month at $1,960/month with an increase in progress. The upper unit offers great potential with a new furnace and water heater--move-in ready or ideal for maximizing market rent. Shared laundry available in the basement. Enjoy a fully fenced backyard, perfect for pets or outdoor living. Off-street parking and strong rental demand area. Solid cash-flow opportunity with room for value-add improvements. Rental certificate through 5/11/2028. Don't miss this versatile income property!
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating ForcedAir, NaturalGas
Laundry InBasement
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Grandrapids
School District Grandrapids
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan
Read Less
©2025 Realcomp II Ltd. Shareholders
Bought with Five Star Real Estate (Grandv)
GET MORE INFORMATION