43 Southview Street SW, Grand Rapids, MI 49507
- $274,900
- 2
- BA
- List Price
- $274,900
- Price Change
- ▼ $25,000 1790037385
- Days on Market
- 48
- MLS#
- 26041476
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 2
Property Description
Multi-unit investment property in Grand Rapids offering solid ownership potential. This 2 to 4-unit building sits on a compact 4,487-square-foot lot, making efficient use of the parcel. The structure presents an opportunity for owner-occupancy combined with income generation, appealing to buyers seeking both equity building and diversified returns. Consider the long-term appreciation possibilities in this established market while maintaining direct control over your asset. Up/down duplex in the City of Wyoming (Grand Rapids mailing address), both units vacant and ready for an owner-occupant or an investor. Lower unit 45: 2 bed, 1.5 bath, about 920 sq ft. Upper unit 43: 2 bed, 1 bath, about 627 sq ft, remodeled in 2023 by a licensed builder with a new kitchen, updated bath and a finished bedroom. 2022 roof. 2022 high-efficiency furnace with central air in one unit, Mitsubishi mini splits in the other. Cellulose attic insulation and rim joist spray foam added in 2024. Separate gas and electric meters. Full basement with laundry hookups, detached one-stall garage, paved driveway. Upper unit holds a City of Wyoming rental certificate through October 2028. Washer, dryer, both refrigerators and both stoves stay. Sold as-is.
Additional Information
- Owner Pays
- None
- Taxes
- $2,408
- Acres
- 0.10
- Basement
- Full
- Heating
- Forced Air
- School District
- Wyoming
- Tenant Pays
- Electricity, Gas, Trash Collection
- Total Parking Spaces
- 3
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available
- Water
- Public Water
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Listing courtesy of Listing Agent: David Pena from Listing Office: Homes 28.
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