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745 Lyon Street NE Grand Rapids, MI $ 415,000
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$ 415,000 Get more info
745 Lyon Street NE
$ 415,000
Back to search
Share Save

745 Lyon Street NE

Grand Rapids, MI, 49503
$ 415,000
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 plenty of room for storage. Both units occupied, lower photos are current, and from just before new tenant moved in April 2024. Upper lease is until October 2024. Garage Lease is until Dec 2024.

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Multi-Family Pending

Price

$ 415,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,682

Style

2 to 4 Units

Lot Size

0.12

Year Built

1923

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24020739
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Phone Available Storm Sewer Available Public Water Available Natural Gas Available Electric Available Cable Available Natural Gas Connected Cable Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Vinyl Siding Brick
Year Built 1923
Tenant Pays Electric Trash Collection Gas
Township City of Grand Rapids
Property SubType 2 to 4 Units
Tax Year 2023
County Kent
New Construction N
Property Type Multi-Family
Status Pending
Directions Lyon between Eastern and Union North side of street. Just East of Martha's Vineyard & Nantucket Bakery.
City Grand Rapids
High School District Grand Rapids
Zoning Description Res
Total Units 2
MLS Area Grand Rapids - G
Lot Size Square Feet 5009.0
Waterfront Y/N N
Street Name Lyon
Land Lease Y/N N
Tax Annual Amount 6682.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Pending
Occupancy Description Tenant
Tax Assessed Value 134820
Legal Description LOT 23 BLK 3* CLARK & CO S ADDITION
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Laundry Features Common Area In Basement
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Sidewalk
Total Parking 2.0
Lot Size Area 0.12
Number of Buildings 1
Spa N
Lot Dimensions 40x125
Lot Size Acres 0.12
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 745
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* Excluded Features
List By
Childress & Associates Realty

Broker

angie@chilhomes.com

Email

Affordability Calculator

$3,456
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,899
Monthly Property Taxes
$557
Monthly 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
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2024$415,000 Listed Price

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745 Lyon Street NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $415,000 with a lot size of 0.12. 745 Lyon Street NE 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

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