Grand Rapids, MI 49503,506 Fairview Avenue NE
Grand Rapids, MI 49503,506 Fairview Avenue NE
Grand Rapids, MI 49503,506 Fairview Avenue NE
Grand Rapids, MI 49503,506 Fairview Avenue NE
Grand Rapids, MI 49503,506 Fairview Avenue NE
Grand Rapids, MI 49503,506 Fairview Avenue NE
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$ 495,000
Est. payment | /mo

2 Beds

2,613 Sqft Lot


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$ 495,000
Est. payment | /mo
Save

2 Beds

2,613 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025019621

Bedrooms 2

Year Built 1895

Annual Tax Amount $6,000

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 40 x 64

Source Greater Regional Alliance of REALTORS®

Property Description

Calling all investors! Like-new duplex just steps from Medical Mile in the sought-after Belknap Lookout neighborhood. Could easily gross $48K/yr. Completely rebuilt in 2020 on the original foundation, this modern 2-unit property features separate utilities & nearly identical layouts: each unit offers 3 bedrooms, 1 full bath, in-unit laundry, and all the modern conveniences tenants desire. Excellent rental history. Unit 1 is currently month-to-month & Unit 2 is leased through July. Includes 2 private parking spots w/abundant permitted street parking available. Public transit nearby. A rare turnkey opportunity! 24 hour notice required for showings.

Location

State MI

County Kent

Area Grand Rapids

Zoning Other

Direction From Coit/Hasting head West on Hastings. Turn right onto Fairview. House is on right. Parking is available in driveway immediately south of building.

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 2.0

Roof Type Composition

Road Frontage Paved, Pub. Sidewalk

Garage no

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary), Storm Drain

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411419352010

Ownership Private Owned

Acceptable Financing Cash, FHA, VA

Listing Terms Cash, FHA, VA

Financing Cash,FHA,VA

Realcomp MLS
Listed by Melissa Mitchell of Green Square Properties LLC

GET MORE INFORMATION

agent
Michael Williams

Agent | License ID: 6501429456

+1(248) 687-9155 | mike@thelonswayteam.com

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506 Fairview Avenue NE

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