$250,000
Grand Rapids, MI 49507
MLS# 26057829
1 / 33
Property Description
Great investment opportunity! This two-unit property offers an excellent addition to any investment portfolio. Both units are currently occupied and professionally managed, providing an established rental opportunity. Conveniently located near downtown Grand Rapids, with easy access to shopping, dining, and entertainment. Schedule your private showing today! Photos are from prior to tenants moving in. Professionally managed property. Current property management is available to continue after closing for a seamless transition.
Details
Location & Property Info
Cross Streets: Burton St & Division Ave
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 40 x 95
Road Frontage: 40
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3790
Lot Acres: 0.09
Year Built: 1900
Tax Info
Taxable Value: 64905
SEV: 87500
For Tax Year: 2026
Seller's Annual Property Tax: 3332
Tax Year: 2026
Homestead %: 0
Spec Assessment & Ty: N/A
Tax ID #: 41-17-01-477-010
Remarks & Misc
Public Remarks: Great investment opportunity! This two-unit property offers an excellent addition to any investment portfolio. Both units are currently occupied and professionally managed, providing an established rental opportunity. Conveniently located near downtown Grand Rapids, with easy access to shopping, dining, and entertainment. Schedule your private showing today! Photos are from prior to tenants moving in. Professionally managed property. Current property management is available to continue after closing for a seamless transition.
Legal: LOT 34* KIRTLAND ADDITION
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Aluminum Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Paved: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit #: 1
Unit Description: Unit 1# Down
SqFt: 805
Occupied: Yes
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 2
Unit Description: Unit 2# Up
SqFt: 805
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Plus 30 Days: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 118
Street Name: Elm
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49507
Zip (4): 2413
OfficeContract Info
Status: Active
Current Price: $250,000
List Price: $250,000
Listing Date: 2026-10-30
Remarks Misc
Directions: Burton Ave to Division St, north to Elm St, west to address.
Property Features
Exterior Material: Aluminum Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available
Owner Pays: Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Plus 30 Days; Subject To Tenant Rights
Sale Conditions: None
Listing Office: Keller Williams Harbortown
Listing Agent: Rick Genzink
Last Updated: October - 30 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.