1053 Martin Luther King Jr ST SE new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49507
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,518 sqft
Price per Sqft $150
MLS Listing ID 65025058148
Year Built 1922
Property Sub-Type MultiFamily
Property Description
Solid investment opportunity in the heart of Grand Rapids. This 3-unit property features a spacious main-floor 2-bedroom with 1920s character, two 1-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a 2-3 car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing--ideal setup for house-hacking or repositioning for market-rate rents. Conveniently located near downtown, public transit, and neighborhood amenities.
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating HotWater, NaturalGas
Exterior
Parking Features Concrete
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Sewer PublicSewer, SewerAtStreet
Water Public
Schools
School District Grandrapids
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan