1038 Lafayette Avenue SE
Grand Rapids, MI 49507
- – beds
- 2 baths
- 2,140 sqft
- 4,356 sqft lot
- $111 per sqft
- 1915 build
- – on site
Huge Price reduction on this great investment opportunity! This is your opportunity to own your very own income producing duplex! Both units are 2 bed, 1 bath, with over 1000 square feet each. One unit is tenant occupied and leased for $1400 per month. The other unit is owner occupied and can easily be leases for the same or even more! There is off-street parking and a garage. Split utilities. Both furnaces and both water heaters are newer. Electrical has been redone. Spacious basement with laundry. City certified. Pictures are from prior to tenants' move in. Hurry and take a look as it won't last long!
Last checked:
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Last updated Nov 19, 2024
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MLS# 20240057854 —
The Building
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Year Built:1915
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Construction Materials:Aluminum
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Architectural Style:Duplex
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Foundation:Block
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Foundation Details:Basement
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# of Units Total:2
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Stories:2 Story
Interior
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:2,140 Sqft
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Total Combined:2,140 Sqft
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Total Basement:1,040 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:Right on Madison Ave SE, Left on Hall St. SE Right on Lafayette Ave. SE
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Directions From North South Detail:Madison Ave SE Hall St SE
The Property
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Property Type:Multifamily
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Parcel Number:411431378010
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Zoning:Multi-Family
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Lot Size Dimensions:41.00 x 109.00
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Lot Size Area:0.10
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Frontage Feet:41
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 747-2981
- Office phone:
- (313) 525-7751
Taxes
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Total Taxes:$2,152
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Tax Amount Summer:$2,152
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary)
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Water Source:Public (Municipal), Water at Street
Schools
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School District:East Grand Rapids
The Community
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Pets Allowed:Call
Parking
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Total Parking:1
Extra Units
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Unit Two Bed Number Of:2
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/8/24
Oct 8, 2024
|
Price Changed | REALCOMP | $239,000 | -6.3% |
|
9/25/24
Sep 25, 2024
|
Price Changed | REALCOMP | $255,000 | -1.2% |
|
9/16/24
Sep 16, 2024
|
Price Changed | REALCOMP | $258,000 | -0.4% |
