$365,000
Grand Rapids, MI 49505
MLS# 26027370
1 / 33
Property Description
CALLING ALL INVESTORS! Two properties, one purchase, and immediate rental income! Both properties are currently tenant-occupied, making this a fantastic opportunity to expand your portfolio or begin your investment journey. Don't miss this rare chance to own two income-producing properties with one transaction!
Details
Location & Property Info
Cross Streets: college and fernando
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
General Property Info
New Construction: No
Lot Dimensions: 50 x 96
Road Frontage: 50
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 43560
Lot Acres: 1
Year Built: 1910
Tax Info
Taxable Value: 44458
SEV: 142400
For Tax Year: 2025
Seller's Annual Property Tax: 2235.14
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none
Zoning: Residential
Tax ID #: 41-14-18-452-010
Remarks & Misc
Public Remarks: CALLING ALL INVESTORS!
Two properties, one purchase, and immediate rental income! Both properties are currently tenant-occupied, making this a fantastic opportunity to expand your portfolio or begin your investment journey. Don't miss this rare chance to own two income-producing properties with one transaction!
Legal: LOT 31 BLK 2 EXCEPT N 66 FT OF E 41.72 FT THEREOF* PAGE S SUBDIVISION* OF BLOCKS 16 & 17 STEWART & IVES ADDITION
Waterfront Options
Water Access Y/N: No
Street Type
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 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
Laundry Features
Main Level: 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
Trash: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit #: 430
Unit Description: home
SqFt: 1158
Occupied: Yes
Monthly Rent: 600
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 428
Unit Description: house
SqFt: 574
Occupied: Yes
Monthly Rent: 430
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 428 & 430
Street Name: Fernando
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 5149
OfficeContract Info
Status: Active
Current Price: $365,000
List Price: $365,000
Listing Date: 2026-06-05
Remarks Misc
Directions: 131 to Leonard St, left on North Ave, right on Fernando, both properties are on the right
Property Features
Laundry Features: Main Level
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; Public Sewer; Public Water
Owner Pays: Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Garage; Range Oven; Refrigerator; Washer/Dryer
Unit 2: Deck/Patio; Range/Oven; Refrigerator; Washer/Dryer
Listing Office: City2Shore Gateway Group of Byron Center
Listing Agent: Kelly J Hover
Last Updated: June - 05 - 2026
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