745 Lyon Street NE, Grand Rapids, MI 49503
$407,000 - Sold
- MLS#: 24020739
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1923
- Basement: Yes
- Air: Central Air
- Lot Size: 40x125
- Square Footage: 0
- Exterior: Brick, Vinyl Siding
- Water: Public
- Acreage: .12
- Heat: Forced Air/Natural Gas
- PPN: 41-14-30-232-027
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Natural Gas
- Utilities Available at Street: Cable,Electric,Natural Gas,Public Water,Storm Sewer,Telephone Line
- Extras: Garages,Laundry Facility,Tenant Storage
- Lot Description: Sidewalk
- Frontage/Type: 40 / Street, 0 / Water
- Terms: Cash, Conventional, Tax Def Exchange
- Original Price: $415,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Lyon between Eastern and Union, North side of street. Just East of Martha's Vineyard & Nantucket Bakery.
- Property Description: Looking for an investment opportunity, or a great place to put your 1031 Exchange? This 2-story, 2 unit Craftsman-style duplex home has a lower unit w/ 3 bedrooms,1 bath, kitchen, & stunning craftsman-style hardwood floors & woodwork throughout. The Upper Apt has 2 bedrooms, kitchen, 1 bath, & two large walk-in closets. Along with its fantastic location, it also has a Large front porch, and relaxing back porch, fenced in area in backyard, and 2 stall garage with off street access. Located just outside of the Heritage Hill area, & Conveniently located within walking distance to GRCC, Medical Mile, Martha's Vineyard & Pizza, Nantucket Bakery, Coffee Shops, Easttown, Fulton St. Farmers Market, & the bus stop is nearby! The large basement is accessible to both units with washer and dryer, andplenty of room for storage. Both units occupied, lower photos are current, and from just before new tenant moved in April 2024. Upper lease is until October 2024. Garage Lease is until Dec 2024.
- Commission Offered:
- Buyer Agency: 2.00 % Sub Agency: 2.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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