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$ 385,000
Est. payment | /mo
6,098 Sqft Lot
$ 385,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70463890
Year Built 1895
Annual Tax Amount $1,837
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 45x132
Property Sub-Type Multi-Family
Property Description
Welcome to 442 Emerald Avenue, a well-maintained two-unit property in Grand Rapids' sought-after Midtown neighborhood. Just one block from Michigan Avenue and the Medical Mile, and minutes from downtown, this location offers unbeatable access to restaurants, museums, theaters, and more. The lower unit features over 1,000 sq ft with an eat-in kitchen, stainless steel appliances, three bedrooms, one full bath, and in-unit laundry. The upper unit offers 800+ sq ft with two bedrooms and one bath. Both units have new flooring and are separately metered for gas and electricity, with tenants paying utilities directly. Rents are currently below market due to long-term, month-to-month tenants, creating strong investment potential. A rare find!
Location
State MI
County Kent
Area Grand Rapids (41032)
Rooms
Basement Other
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
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Listed by Villegas Group
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