508 Delaware Street SE new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025046172
Bedrooms 2
Year Built 1920
Annual Tax Amount $1,875
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40 x 124
Source Greater Regional Alliance of REALTORS®
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.Thinking of OWNER OCCUPYING THIS PROPERTY? Contact me to learn how you could potentially save $15,000
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction MLK to South on Madison to East on the Property
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Composition
Garage no
Private Pool No
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Wood
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411431406021
Ownership Private Owned
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA