1129 Lyon Street NE
Grand Rapids, MI, 49503
$1,550,000
Beds
0 Baths
0 SqFt
0.61 Acres
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Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don’t miss out on this opportunity to build your rental portfolio!

Property Details

Price:
$1,550,000
MLS #:
24059440
Status:
Active
Beds:
0
Baths:
0
Address:
1129 Lyon Street NE
Type:
Single Family
Subtype:
5+ Units
City:
Grand Rapids
Listed Date:
Nov 14, 2024
State:
MI
ZIP:
49503
Lot Size:
26,615 sqft / 0.61 acres (approx)
Year Built:
1961
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Schools

School District:
Grand Rapids

Interior

Cooling
Central Air
Fireplaces Total
2
Heating
Forced Air
Laundry Features
In Unit

Exterior

Construction Materials
Brick
Parking Features
Paved
Parking Spots
16

Financial

Tax Year
2024
Taxes
$23,582

Map

Community

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1129 Lyon Street NE
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