556 Lafayette Avenue SE, Grand Rapids, MI 49503
- $450,000
- List Price
- $450,000
- Days on Market
- 18
- MLS#
- 26017314
- Status
- PENDING
- Type
- Multifamily
Property Description
Heritage Hill character with real flexibility. This duplex works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy. Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites. The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. 2.625% Loan Assumption available for remaining $261,000 owed by 2050.
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Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $7,226
- Acres
- 0.17
- Association Fee Includes
- None
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Other, Composition
- School District
- Grand Rapids
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 5
- Utilities
- Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Matthew Luce from Listing Office: Real5.
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