725 Lafayette Avenue NE, Grand Rapids, MI 49503


$200,000 - Sold


Five Star Real Estate (Grandv)
616-257-1500

  • MLS#: 24015907
  • 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: 1890
  • Basement: Yes
  • Air: None
  • Lot Size: 50' x 121'
  • Square Footage: 0
  • Exterior: Shingle Siding
  • Water: Public
  • Acreage: .14
  • Heat: Hot Water,Space Heater/Electric,Natural Gas
  • PPN: 41-14-19-327-033
  • Sewer: Public
  • Water Body: None

  • Water Features: None
  • Utilities Attached: Electric,Natural Gas
  • Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Storm Sewer
  • Extras: Sep Electric Meter,Sep Gas Meter

  • Lot Description: Level,Sidewalk
  • Frontage/Type: 50 / Street, 0 / Water
  • Terms: Cash, Conventional
  • Original Price: $225,000
  • Complex Name: 
  • Association Amenities: 
  • Association Includes: 
  • Directions: Take Lafayette north off Michigan or South off Leonard to property. Park on Lafayette.

  • Property Description: Wow!! Cash flowing investment property for under 250k! 2 Units. Unit 1: Upper: 2 bedroom, 1 bath, current rent is $1,200 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $1,500 per month. Total rents are $2,700 per month!! Off-Street parking off alley. property is located near major bus routes. Walking distance to Coit Arts Academy, Medical Mile, Downtown GR, and Colleges. Tenant's rights apply. 24 hour notice for showings required. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015903 & MLS 24015981.

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