733 Lafayette Avenue NE, Grand Rapids, MI 49503
$273,875 - Sold
- MLS#: 23132771
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
About Belknap Lookout
The residents of Belknap Lookout take pride in their great parks, safe streets and beautiful views. It has more parks than any other neighborhood. Part of the neighborhood is constructed on a high plateau above Michigan Street and Division Avenue, featuring spectacular views of the city. A prominent feature of the community is the Michigan Street "Medical Mile," which has brought easily accessible health care and more jobs to Belknap. The community of Newberry Place is an urban cohousing community of privately-owned homes and sustainable neighborhood features. It affords its residents easy access to all of the amenities the city has to offer and fosters strong relationships among neighbors, while also creating shared and private green spaces. A newer edition to the community is the Belknap Brownstones which boasts elegant, privately-owned homes.
- Year Built: 1900
- Basement: Yes
- Air: None
- Lot Size: 50 x 121
- Square Footage: 0
- Exterior: Vinyl Siding
- Water: Public
- Acreage: .14
- Heat: Forced Air/Natural Gas
- PPN: 41-14-19-327-031
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Electric,Natural Gas
- Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water
- Extras: Sep Electric Meter
- Lot Description: Sidewalk
- Frontage/Type: 50 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $279,900
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Michigan to Lafayette. North to home. Or: Leonard to Lafayette. South to home.
- Property Description: With both units fully rented, this is your dream investment opportunity! This remarkable duplex offers an excellent chance to expand your portfolio immediately while already making money. Located in a desirable neighborhood and within minutes of the hospital, this property features two separate units, each with its own unique charm and functionality. The upper unit of this duplex is a spacious and inviting living space and is rented until March of 2024. Boasting 3 bedrooms and 1 bathroom, this unit provides ample room for a growing family or the potential to convert one of the bedrooms into a home office or study. The well-appointed kitchen is perfect for culinary adventures, while the comfortable living room offers a cozy retreat.The lower unit is a long time tenant and is rented month to month. Providing you as the owner the opportunity to keep as a fully functioning income property, OR move into the lower unit and have your other tenant help pay your mortgage! The opportunities are endless. The 2 bed, 1 bath unit provides the perfect amount of space. Add a splash of color, and update the floors, to make it your own, OR to increase your rental income even more.
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