MI > Grand Rapids
Grand Rapids, MI 49503,506 Fairview NE Avenue
Grand Rapids, MI 49503,506 Fairview NE Avenue
Grand Rapids, MI 49503,506 Fairview NE Avenue
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$495,000
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2,570 Sqft Lot
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506 Fairview NE Avenue Grand Rapids, MI 49503

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Samantha Hillery

Samantha Hillery

+1(248) 917-6460

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 25019621

Year Built 1895

Annual Tax Amount $6,000

Tax Year 2025

Lot Size 2,570 Sqft

Acres 0.06

Lot Dimensions 40 x 64

Property Sub-Type 2 to 4 Units

Property Description

Calling all investors! Like-new duplex just steps from Medical Mile in the sought-after Belknap Lookout neighborhood. Could easily gross $48K/yr. Completely rebuilt in 2020 on the original foundation, this modern 2-unit property features separate utilities & nearly identical layouts: each unit offers 3 bedrooms, 1 full bath, in-unit laundry, and all the modern conveniences tenants desire. Excellent rental history. Unit 1 is currently month-to-month & Unit 2 is leased through July. Includes 2 private parking spots w/abundant permitted street parking available. Public transit nearby. A rare turnkey opportunity! 24 hour notice required for showings.

Location

State MI

County Kent

Area Grand Rapids - G

Direction From Coit/Hasting head West on Hastings. Turn right onto Fairview. House is on right. Parking is available in driveway immediately south of building.

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Laundry In Unit, Laundry Closet

Exterior

Parking Features Concrete, Driveway

Utilities Available Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 2

Building

Lot Description Sidewalk

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-19-352-010

Acceptable Financing VA Loan, MSHDA, FHA, Cash

Listing Terms VA Loan, MSHDA, FHA, Cash

Listed by Green Square Properties LLC

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agent

Samantha Hillery

Founder/Realtor | License ID: 6501419544

+1(248) 917-6460

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506 Fairview NE Avenue

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