622 Stanley Terrace NE, Grand Rapids, Michigan, 49503
0.10 Acres
4 bd
2 ba
#26049352
Great investment opportunity in Grand Rapids! Situated on a quiet cul-de-sac, this tenant-occupied duplex features two units, each offering 2 bedrooms and 1 full bath, with separate electric service for each unit. One unit is currently leased on a month-to-month basis, while the other lease runs through February 2027. Tenant rights apply. Recent 2026 improvements include a new roof, fresh exterior paint on the upper portion of the home, new exterior stairs and upper rear deck, plus a new upper front deck. Enjoy a quiet residential setting while still being within walking distance of downtown Grand Rapids, restaurants, shopping, entertainment, and more. An excellent opportunity for investors looking to add a well-located multi-family property to their portfolio. Please do not disturb tenants. Minimum 48-hour notice required for all showings. Tenant rights apply. Owner is a licensed real estate agent in the State of Michigan.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Community Features : Sidewalks
- Parking Features: Aggregate, Driveway
- Parking Total: 2
- Zoning Description : RMMM2_RES MULTI
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Wood Siding
- Roof: Composition
- Road Surface Type: Paved
- Basement Description : Full
- Basement on Property:
- Laundry Features : Lower Level
PROPERTY DETAILS
ID: 26049352
Status: Active
Price: $384,900
Acres: 0.10 Acres
Price Per Acre: $3,849,000
Type: Multi-family
Address: 622 Stanley Terrace NE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49503
Lat/Long: 42.963475, -85.653482
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