$299,900
Grand Rapids, MI 49505
MLS# 26055023
1 / 19
Property Description
Substantial capital improvements, established rental income, and additional revenue potential make 247 Sweet Street NE an attractive investment opportunity. Located in Grand Rapids' revitalizing Creston neighborhood near the growing Plainfield Avenue corridor, this fully leased duplex offers convenient access to dining, shopping, and downtown. Significant capital improvements include a new main and flat roof with decking (2024), replacement of the exterior stairs and deck serving the upper unit, driveway drainage enhancements, exterior siding repairs and painting, interior updates, and mechanical servicing. These investments help reduce near term maintenance and capital expenditures compared to properties requiring similar improvements. Situated on a 6,229 sq. ft. lot, the property features a four-stall garage with potential for additional rental or storage income, subject to zoning verification.
Details
Location & Property Info
Cross Streets: Plainfield and Sweet St
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 199.93
General Property Info
New Construction: No
Lot Dimensions: 50x125
Road Frontage: 50
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2032-04-19
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1500
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6229
Lot Acres: 0.14
Year Built: 1900
Tax Info
Taxable Value: 107788
SEV: 122900
For Tax Year: 2026
Seller's Annual Property Tax: 5419
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: TN-LDR
Tax ID #: 41-14-18-181-022
Remarks & Misc
Public Remarks: Substantial capital improvements, established rental income, and additional revenue potential make 247 Sweet Street NE an attractive investment opportunity. Located in Grand Rapids' revitalizing Creston neighborhood near the growing Plainfield Avenue corridor, this fully leased duplex offers convenient access to dining, shopping, and downtown. Significant capital improvements include a new main and flat roof with decking (2024), replacement of the exterior stairs and deck serving the upper unit, driveway drainage enhancements, exterior siding repairs and painting, interior updates, and mechanical servicing. These investments help reduce near term maintenance and capital expenditures compared to properties requiring similar improvements. Situated on a 6,229 sq. ft. lot, the property features a four-stall garage with potential for additional rental or storage income, subject to zoning verification.
Legal: LOT 12 BLK 4* THE WARTROUS ADDITION
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Mineral Rights
Unknown: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Trash: 1
Driveway
Paved: 1
Substructure
Full: 1
Extras
Garages: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Tenant Storage: 1
Owner Pays
Gas: 1
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower Unit
SqFt: 1000
Occupied: Yes
Monthly Rent: 1205
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Upper Unit
SqFt: 500
Occupied: Yes
Monthly Rent: 1095
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 247
Street Name: Sweet
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49505
OfficeContract Info
Status: Active
Current Price: $299,900
List Price: $299,900
Listing Date: 2026-10-15
Remarks Misc
Directions: Plainfield to sweet st
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Water
Extras: Garages; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Gas; Sewer; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Garage; Range Oven; Refrigerator
Unit 2: Garage; Range/Oven; Refrigerator
Listing Office: 616 Realty LLC
Listing Agent: Julie A ONeill
Last Updated: November - 10 - 2026
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