725 Lafayette Avenue Ne

Grand Rapids, MI 49503

About this property

Wow!! Cash flowing investment property for under 250k! 2 Units. Unit 1: Upper: 2 bedroom, 1 bath, current rent is $1,200 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $1,500 per month. Total rents are $2,700 per month!! Off-Street parking off alley. property is located near major bus routes. Walking distance to Coit Arts Academy, Medical Mile, Downtown GR, and Colleges. Tenant's rights apply. 24 hour notice for showings required. Pre approval or proof of funds required by seller before any showings are approved. Seller has 3 other 2 family units for sale as well. MLS 24015903, MLS 24015962 & MLS 24015981.

Features and Additional Information

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$225,000 Active
0 SQFT

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Brokerage
Five Star Real Estate (Grandv)
1-616-257-1500
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Area Information

Grand Rapids G | Kent County |

$ 225,000
This listing is play_arrow 28.6% lower than the average in the area
$ 315,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
13 days on site
This listing is play_arrow 87.4% below the average in the area
103 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Grand Rapids
Listed By David VanDam
Brokerage: Five Star Real Estate (Grandv)

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