745 Lyon Street Grand Rapids, MI ^$ 415,000

745 Lyon Street

^$ 415,000

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745 Lyon Street

Grand Rapids, MI, 49503

^$ 415,000

Studio Baths0.0

Monthly Estimate*

^$ 2,899

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $415,000. This home was built in 1923 on a lot size of 0.12.

Looking for an investment opportunity, or a great place to put your 1031 Exchange? This 2-story, 2 unit Craftsman-style duplex home has a lower unit w/ 3 bedrooms,1 bath, kitchen, & stunning craftsman-style hardwood floors & woodwork throughout. The Upper Apt has 2 bedrooms, kitchen, 1 bath, & two large walk-in closets. Along with its fantastic location, it also has a Large front porch, and relaxing back porch, fenced in area in backyard, and 2 stall garage with off street access. Located just outside of the Heritage Hill area, & Conveniently located within walking distance to GRCC, Medical Mile, Martha's Vineyard & Pizza, Nantucket Bakery, Coffee Shops, Easttown, Fulton St. Farmers Market, & the bus stop is nearby! The large basement is accessible to both units with washer and dryer, and

Multi-Family Pending

Price

^$ 415,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,682

Style

Lot Size

0.12

Year Built

1923

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70403195

Features

General

Interior Features Cable/Internet Avail.

Heating Forced Air

Possession Subject To Tenant Rights

Garage Additional Garage(s)

Water Public Water

Status Pending Pending

Year Built 1923

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Area UPDATE

Primary City Grand Rapids

Directions Lyon between Eastern and Union North side of street. Just East of Martha's Vineyard & Nantucket Bakery.

City Grand Rapids

School District Grand Rapids City School Distric

Street Name Lyon

Financial Terms Cash Conventional Exchange/Trade

Legal Description LOT 23 BLK 3* CLARK & CO S ADDITION

DOM 8

Postal Code 49503

Coming Soon Looking for an investment opportunity or a great place to put your 1031 Exchange? This 2-story 2 unit Craftsman-style duplex home has a lower unit w/ 3 bedrooms 1 bath kitchen

Exterior

Exterior Brick Vinyl Siding

Frontage 40

Lot Size Area 0.12

Lot Dimensions 40x125

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Angela Swartz

Listing Agent

Childress & Associates Realty

Broker

angie@chilhomes.com

Affordability Calculator

$3,456

Per Month

Monthly Principal & Interest: $2,899
Monthly Property Taxes: $557
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$356,812

Percent of Sale Price 14%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$415,000		Listed Price

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745 Lyon Street, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $415,000 with a lot size of 0.12. 745 Lyon Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 49503 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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745 Lyon Street

Multi-Family Home for sale in Grand Rapids, MI

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