318 Diamond Avenue SE, Grand Rapids, MI 49503

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List Price
$225,000
Days on Market
6
MLS#
26024806
Status
PENDING
Type
Multifamily

Property Description

Welcome to this 2-unit duplex right in the heart of East Hills. Lower unit has 3 bedrooms and 1 bathroom and upper unit has 2 bedrooms and 1 bathroom. This house has a ton of potential as an owner-occupied home or your next investment property. Both units currently vacant, lower was rented out at $1,600 M2M and upper was rented out at $1,300 M2M. Located just minutes from downtown and the Medical Mile, this property offers convenient access to Cherry Street, Wealthy Street, and Eastown dining, coffee shops, breweries, boutique shopping, and entertainment. Whether you are looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this location offers strong long-term appeal for both lifestyle and rental demand. ALL OFFERS ARE DUE BY SUNDAY 5/31 BY 6 PM

Additional Information

Owner Pays
Electricity, Gas, Sewer, Water
Taxes
$4,500
Acres
0.08
Basement
Michigan Basement
Heating
Baseboard
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
4
Utilities
Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of Listing Agent: Jacob Hills from Listing Office: Smallegan Real Estate.

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