918 Martin Luther King Junior Street SE, Grand Rapids, Michigan, 49507
0.12 Acres
4 bd
#26040058
Excellent investment opportunity in Grand Rapids! This classic up/down duplex features two spacious 2-bed, 1-bath units, each showcasing original hardwood floors, beautiful oak trim and coving that highlight the home's timeless character. Modern vinyl double-pane windows provide efficiency & functionality, whilst the vinyl siding is maintenance free. Both units are tenant occupied and currently rent for $1,130 & $1,095 per month, offering excellent upside potential with comparable 2-bedroom units renting for approximately $1,400 per month. Conveniently located just 2 mins from the new MLK Community Center featuring a swimming pool, tennis courts, pickleball courts, basketball courts and year-round community amenities, making this an attractive location for both tenants and owner. 2 mins from Wealthy St, 4 to Eastown, 10 to Downtown.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Natural Gas Connected, Electricity Connected
- Water Source : Public
- Sewer : Public Sewer
- Community Features : Sidewalks
- Parking Total: 2
- Zoning Description : Residential
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Brick
- Roof: Composition
- Basement Description : Full
- Basement on Property:
- Laundry Features : Gas Dryer Hookup, In Basement, Washer Hookup
PROPERTY DETAILS
ID: 26040058
Status: Pending Sale
Price: $265,000
Acres: 0.12 Acres
Price Per Acre: $2,208,333
Type: Multi-family
Address: 918 Martin Luther King Junior Street SE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49507
Lat/Long: 42.948094, -85.645572
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