$225,000
$224,900
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926 Martin Luther King Jr Street SE Grand Rapids, MI 49507
2 Beds
4,791 Sqft Lot
Key Details
Sold Price $225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024026364
Sold Date 07/03/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1922
Annual Tax Amount $3,951
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 37x132
Property Description
**This home qualifies for a $5300 down payment assistance through 5/3 Bank. This is free money to any borrower and can be their primary home or a rental! They can use this money to cover closing costs, buy down the rate, etc**Looking for a lucrative investment opportunity in Grand Rapids? Welcome to 926 M.L.K. Jr. St SE where you can bring in $2,680 /month!! This classic duplex features identical 2 BR's units with hardwood floors throughout. Easy access to local amenities, schools, and parks. Each unit offers its own laundry hookups in the basement with plenty of storage space. Separate utility meters. Tenants pay electric/gas/trash. Unit 1 is leased until Jan. 2025 & Unit 2 is month-to-month.Schedule a showing today and add this cash-flowing 2-unit to your investment portfolio!
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction East on MLK from Eastern
Interior
Interior Features Laundry Facility, Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 2.0
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Wood
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411432303011
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with Bellabay Realty LLC