717-719 5th Street NW, Grand Rapids, MI 49504

$325,000
2
BA

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List Price
$325,000
Days on Market
8
MLS#
26037252
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

You don't want to miss this duplex on Grand Rapids Northwest side! Front unit is a 2bed/1 bath currently rented for $1,199/mo (through Jan 2027) with beautiful hardwood floors throughout living/dining room and bedrooms. Spacious kitchen and large covered front porch. Rear unit is a 3bed/1 bath currently rented through Nov 2026 for $1725/mo (+50 pet rent), large kitchen w/ center island and dishwasher. Lots of major upgrades already taken care of. New roof in 2025. Two new furnaces and central air units in 2023, as well as insulation to the attic. New electrical panels in 2023. In addition to the current units, there is approximately 800 square ft of currently unused space that could easily be used to add a bedroom to each unit to increase rents in the future. (See photos and floor plans). Tenants pay all utilities. Separate basement areas- each with its own laundry. Potential for current FHA mortgage to be assumed. This would be a great property to add to your portfolio.

Additional Information

Owner Pays
None
Taxes
$5,711
Acres
0.14
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David Jackson from Listing Office: Edison Brokers & Co LLC.

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