1100 Lincoln Avenue NW, Grand Rapids, MI 49504

$370,000

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Sold Price
$370,000
List Price
$379,900
Closing Date
Jun 11, 2026
Days on Market
3
MLS#
26021176
Status
SOLD
Type
Multifamily

Property Description

Updated, versatile, and packed with potential, this unique 2-unit property offers flexibility for owner-occupants, investors, or multigenerational living. The main unit is currently owner occupied, while the upper unit is leased through March 2027, providing immediate and stable rental income. In October 2023, the home was professionally lifted 3 feet and upgraded with a brand-new foundation, new water and sewer lines, 2 new water heaters, and all new ductwork. The result is an impressive lower level that feels more like a daylight basement than a traditional basement space. Featuring 4 egress windows, the lower level includes 2 bedrooms, a full bathroom, living area, and plumbing already in place for a future wet bar or small kitchenette. A separate private exterior entrance adds even more flexibility for extended living space, guest quarters, or future expansion possibilities. The basement is ready for floor coverings, and all city permits have been finalized. Outside, the garage will require repair or possible replacement, creating an opportunity for, additional off-street parking, storage, or potential accessory dwelling unit (ADU) possibilities, subject to local approvals. A rare opportunity to own a property where the major structural and mechanical improvements have already been completed, while still offering significant upside potential for future value and income growth. Listing agent is the owner.

Additional Information

Owner Pays
Sewer, Trash Collection, Water
Taxes
$3,204
Acres
0.11
Basement
Daylight, Full, Walk-Out Access
Heating
Forced Air
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
2
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ronald J Barstow from Listing Office: Baragar Realty LLC.

Selling Agent: Selling Office: .

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