508 Delaware SE Street Pending

Grand Rapids,MI 49507

$ 220000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 25046172

Year Built 1920

Annual Tax Amount $1,875

Tax Year 2025

Lot Size 4,966 Sqft

Property Sub-Type 2 to 4 Units

Property Description

Grand Rapids Duplex! Located just 9 mins from Downtown GR.
Lower unit offers 2 bedrooms, 1 bath, and a newer furnace and is currently rented for $1,075/month thro 5/30/26.
Upper unit features 1 bedroom, 1 bath and a flexible floor plan that could be used as 2 bedrooms or 1 bedroom plus living space.

Recently updated with 2 new water heaters. Mainly vinyl windows in both units. Tenants pay gas, electric and trash; owner covers water/sewer.

The upper unit is vacant opening the option for an owner occupier or the rental potential of $945/month (placement verified with United Property Management). Great investment opportunity with solid rental income and upside potential. Thinking of OWNER OCCUPYING THIS PROPERTY? Contact me to learn how you could potentially save $15,000 Thinking of OWNER OCCUPYING THIS PROPERTY? Contact me to learn how you could potentially save $15,000

Location

State MI

County Kent

Area Grand Rapids - G

Interior

Heating Forced Air

Cooling None

Exterior

Utilities Available Cable Available,Natural Gas Connected,Electricity Connected

View Y/N No

Roof Type Composition

Building

Structure Type Brick,Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing VA Loan,FHA,Cash,Conventional

Listing Terms VA Loan,FHA,Cash,Conventional

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