623 Lane Avenue NW Unit 625, Grand Rapids, MI 49504
- $305,000
- List Price
- $305,000
- Price Change
- ▼ $14,000 1784086531
- Days on Market
- 35
- MLS#
- 26031290
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.
/u.realgeeks.media/homesjavier/Capture.png)
Additional Information
- Owner Pays
- Trash Collection, Water
- Taxes
- $8,990
- Acres
- 0.11
- Basement
- Michigan Basement
- Heating
- Forced Air
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 2
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Connor Anderson from Listing Office: ReSIDE Grand Rapids.
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .