918 Martin Luther King Junior Street SE, Grand Rapids, MI 49507

$265,000

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List Price
$265,000
Price Change
▼ $20,000 1786555484
Days on Market
40
MLS#
26040058
Status
ACTIVE
Type
Multifamily

Property Description

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.

Additional Information

Owner Pays
Water
Taxes
$3,470
Acres
0.12
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Tenant Pays
Electricity, Gas
Total Parking Spaces
2
Utilities
Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Paul Leason from Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (South).

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