1129 Lyon Street NE
GrandRapids, MI 49503
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1961 build
- – on site
Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!
Listing courtesy of REALCOMP / EXP Realty (Grand Rapids)
Last checked:
Checking…
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Last updated Dec 23, 2024
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MLS# 65024059440 —
The Building
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Year Built:1961
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Construction Materials:Brick
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Basement:Full
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Basement:true
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Building Area Total:6272.0
Interior
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Laundry Features:InUnit
Location
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Directions:Between Michigan and Fulton. West off Fuller on Lyon.
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Cross Street:Fuller Ave NE
The Property
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Parcel Number:411429130031
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Features:Level
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Lot Size Acres:0.61
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Lot Size Area:26615.0
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Lot Size Dimensions:110 x 243
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:110
Listing Agent
- Contact info:
- Agent phone:
- (616) 901-4541
- Office phone:
- (616) 901-3620
Taxes
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Tax Legal Description:PART OF NE 1/4 OF NW 1/4 OF* SEC 29 T7N R11W* COM ON N LINE OF LYON ST 250 FT W OF W LINE OF FULLER AVE TH W ALONG N LINE OF LYON ST 110.4 FT MORE OR LESS TO A PT WHICH IS 261.9 FT E OF E LINE OF J F HANRAHAN ADD TH N PAR WITH W LINE OF FULLER AVE 24 3 FT TH E PAR WITH N LINE OF LYON ST TO A PT WHICH IS 250 FT W OF W LINE OF FULLER AVE TH S 243 FT TO BEG
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Tax Assessed Value:421185
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Tax Annual Amount:23581.5
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:SewerConnected
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:GrandRapids
The Community
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Waterfront:false
Parking
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Parking Total:16.0
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Parking Features:Paved
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, © 2024 Realcomp II Ltd. Shareholders
EXP Realty (Grand Rapids)
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 |
---|---|---|---|---|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | $1,550,000 |