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1046 Lafayette Avenue SE Modifier: 1048

Grand Rapids, MI 49507
$375,000
Turnkey four-unit investment opportunity in the SE side of Grand Rapids. All four 2-bedroom 1-bath units feature many recent updates including remodeled kitchens and baths, updated flooring, and plumbing improvements. Separate gas and electric meters help streamline management expenses. The new upper-level deck adds additional outdoor space attractive to renters.… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams GR North, (616) 447-9100.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multifamily
Lot Size
0.1 Acres
Year Built
1900
MLS Number
65026022546
30 Days Snapshot Of 49507
$261k
+4%
(avg) sold price
48
+54%
homes sold
54
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Walk-Out Access, Basement?: 1
Building
4 total units, 4 two-bedroom units, Built in 1900, Vinyl, Unit count: 4
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Laundry Facility, Cable Available
Lot
Lot size area: 0.10, Lot size dimensions: 41 x 109
Miscellaneous
Gross scheduled income: $48,360, Net operating income: $31,657, Operating expense: $16,703
Property
Property type: Multifamily
Taxes
Tax amount (summer): $4,698
Sewer
Sewer (Sewer-Sanitary), Storm Drain
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Monthly Payment
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Ali Berry
Broker/Owner
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Schools In The Area

Check out nearby schools with ratings and contact info.
Campus Elementary School 616-819-2535 Public PK-5
City High Middle School 616-819-2380 Public 7-12
Innovation Central High School 616-819-2310 Public 9-12
Campus Elementary School 616-819-2535 Public PK-5
Campus Elementary School 616-819-2535 Public PK-5
City High Middle School 616-819-2380 Public 7-12
Blandford School 616-819-2555 Public 6
John Ball Park Zoo School 616-819-3344 Public 6
City High Middle School 616-819-2380 Public 7-12
Innovation Central High School 616-819-2310 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Quest Realty and Ali Berry, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Quest Realty and Ali Berry, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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