506 Fairview Avenue NE Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49503
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025019621
Bedrooms 2
Year Built 1895
Annual Tax Amount $6,000
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 40 x 64
Source Greater Regional Alliance of REALTORS®
Property Description
Calling all investors! Like-new duplex just steps from Medical Mile in the sought-after Belknap Lookout neighborhood. Could easily gross $48K/yr. Completely rebuilt in 2020 on the original foundation, this modern 2-unit property features separate utilities & nearly identical layouts: each unit offers 3 bedrooms, 1 full bath, in-unit laundry, and all the modern conveniences tenants desire. Excellent rental history. Unit 1 is currently month-to-month & Unit 2 is leased through July. Includes 2 private parking spots w/abundant permitted street parking available. Public transit nearby. A rare turnkey opportunity! 24 hour notice required for showings.
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Direction From Coit/Hasting head West on Hastings. Turn right onto Fairview. House is on right. Parking is available in driveway immediately south of building.
Interior
Interior Features Laundry Facility,Cable Available
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 2.0
Roof Type Composition
Road Frontage Paved,Pub. Sidewalk
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary),Storm Drain
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411419352010
Ownership Private Owned
Acceptable Financing Cash,FHA,VA
Listing Terms Cash,FHA,VA
Financing Cash,FHA,VA