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$ 325,000
Est. payment /mo
New
717-719 5th Street Grand Rapids, MI 49504-5108
5,045 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,045 sqft
Price per Sqft $64
Subdivision Mi
MLS Listing ID 70546922
Year Built 1890
Annual Tax Amount $5,711
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50'x120'
Property Sub-Type Multi-Family
Property Description
You don't want to miss this duplex on Grand Rapids Northwest side! Front unit is a 2bed/1 bath currently rented for $1,199/mo (through Jan 2027) with beautiful hardwood floors throughout living/dining room and bedrooms. Spacious kitchen and large covered front porch. Rear unit is a 3bed/1 bath currently rented through Nov 2026 for $1725/mo (+50 pet rent), large kitchen w/ center island and dishwasher. Lots of major upgrades already taken care of. New roof in 2025. Two new furnaces and central air units in 2023, as well as insulation to the attic. New electrical panels in 2023. In addition to the current units, there is approximately 800 square ft of currently unused space that could easily be used to add a bedroom to each unit to increase rents in the future. (See photos and floor plans). Tenants pay all utilities. Separate basement areas- each with its own laundry. Potential for current FHA mortgage to be assumed. This would be a great property to add to your portfolio.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Forced Air
Exterior
Exterior Feature Brick, Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Brick,Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Edison Brokers & Co LLC