1053 Martin Luther King Jr Street SE Active

Grand Rapids,MI 49507

$ 379900

3 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025053372

Bedrooms 3

Year Built 1922

Annual Tax Amount $6,214

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40 x 135

Source Greater Regional Alliance of REALTORS®

Property Description

Solid investment opportunity in the heart of Grand Rapids. This 3-unit property features a spacious main-floor 2-bedroom with 1920s character, two 1-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a 2-3 car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing--ideal setup for house-hacking or repositioning for market-rate rents. Conveniently located near downtown, public transit, and neighborhood amenities.

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction Head east on I-196 ETake exit 79 for Fuller AveUse the right 2 lanes to turn right onto Fuller Ave NETurn right onto M.L.K. Jr St SE Destination will be on the right

Interior

Interior Features Cable Available

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411432183029

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

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