FOR SALE
Local Information
© Google
-- mins to
Commute Destination
Description
Wow!! Cash flowing investment property for under 250k! 2 Units. Unit 1: Upper: 2 bedroom, 1 bath, current rent is $1,200 per month. Unit: 2 Lower: 2 bedrooms, 1 bath current rent is $1,500 per month. Total rents are $2,700 per month!! Off-Street parking off alley. property is located near major bus routes. Walking distance to Coit Arts Academy, Medical Mile, Downtown GR, and Colleges. Tenant's rights apply. 24 hour notice for showings required. Pre approval or proof of funds required by seller before any showings are approved. Seller has 3 other 2 family units for sale as well. MLS 24015903, MLS 24015962 & MLS 24015981.
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
24 days ago
Home Details for 725 Lafayette Ave NE
Interior Features |
|---|
Interior Details Basement: Michigan Basement |
Appliances & Utilities Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Broadband Available, Natural Gas Connected, Electricity Connected |
Heating & Cooling Heating: Space Heater,Hot Water,Electric,Natural GasHas HeatingHeating Fuel: Space Heater |
Fireplace & Spa Number of Fireplaces: 1 |
Gas & Electric Has Electric on Property |
Exterior Features |
|---|
Exterior Home Features Roof: Composition |
Parking & Garage Parking Spaces: 4 |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer, Storm Sewer Available |
Days on Market |
|---|
Days on Market: 24 |
Property Information |
|---|
Year Built Year Built: 1890 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 2 to 4 Units |
Building Construction Materials: Shingle SidingNot a New Construction |
Property Information Parcel Number: 411419327033 |
Price & Status |
|---|
Price List Price: $225,000 |
Active Status |
|---|
MLS Status: Active |
Location |
|---|
Direction & Address City: Grand Rapids |
School Information High School District: Grand Rapids |
Agent Information |
|---|
Listing Agent Listing ID: 24015907 |
Lot Information |
|---|
Lot Area: 6098.4 sqft |
Offer |
|---|
Listing Terms: Cash, Conventional |
Compensation |
|---|
Sub Agency Commission: 0.00Sub Agency Commission Type: %Transaction Broker Commission: 0.00Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
|---|
Expense Tenant Pays: Trash Collection, Gas |
Rental |
|---|
Owner Pays: Water |
Miscellaneous |
|---|
BasementMls Number: 24015907 |
Last check for updates: about 24 hours ago
Listing courtesy of David VanDam, (616) 890-8011
Five Star Real Estate (Grandv), (616) 257-1500
Source: MichRIC, MLS#24015907
Price History for 725 Lafayette Ave NE
| Date | Price | Event | Source |
|---|---|---|---|
| 04/28/2024 | $225,000 | PendingToActive | MichRIC #24015907 |
| 04/19/2024 | $225,000 | Pending | MichRIC #24015907 |
| 04/04/2024 | $225,000 | Listed For Sale | MichRIC #24015907 |
| 11/22/2023 | ListingRemoved | MichRIC #23027468 | |
| 07/31/2023 | $215,000 | Listed For Sale | MichRIC #23027468 |
| 11/07/2022 | ListingRemoved | MichRIC #22014305 | |
| 09/09/2022 | $229,900 | PriceChange | MichRIC #22014305 |
| 04/25/2022 | $240,000 | Listed For Sale | MichRIC #22014305 |
| 07/02/2021 | $195,000 | ListingRemoved | MiRealSource #70178979 |
| 02/11/2021 | $195,000 | Listed For Sale | MichRIC #21004282 |
Similar Homes You May Like
Skip to last item
NEW - 2 DAYS AGOBerkshire Hathaway HomeServices Michigan Real Estate (Cascade)
See more homes for sale inGrand RapidsTake a look
Skip to first item
New Listings near 725 Lafayette Ave NE
Skip to last item
- Berkshire Hathaway HomeServices Michigan Real Estate (Main)
- Berkshire Hathaway HomeServices Michigan Real Estate (Main)
- NEW - 2 DAYS AGOBerkshire Hathaway HomeServices Michigan Real Estate (Cascade)
- See more homes for sale inGrand RapidsTake a look
Skip to first item
Property Taxes and Assessment
| Year | 2021 |
|---|---|
| Tax | $1,365 |
| Assessment | $144,200 |
Home facts updated by county records
Comparable Sales for 725 Lafayette Ave NE
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Multi-Family Home | $273,875 | 10/18/23 | - | - | ||
0.07 | Multi-Family Home | $322,500 | 01/04/24 | - | - | ||
0.14 | Multi-Family Home | $280,000 | 05/04/23 | - | - | ||
0.15 | Multi-Family Home | $280,000 | 02/05/24 | - | - | ||
0.09 | Multi-Family Home | $392,000 | 04/15/24 | - | - | ||
0.28 | Multi-Family Home | $400,000 | 04/12/24 | - | - | ||
0.23 | Multi-Family Home | $297,000 | 11/21/23 | - | - | ||
0.53 | Multi-Family Home | $540,000 | 10/19/23 | - | - | ||
0.60 | Multi-Family Home | $390,000 | 09/05/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Belknap Lookout
- Trulia User
- Visitor
- 5mo ago
"it's okay from the past experiences I have had. no crime or any issues with the neighbors. it's peaceful from when I just to live over there. unknown of the present."
- Trulia User
- Visitor
- 2y ago
"great neighborhood, child and animal friendly. walkable and safe for families. I would recommend the area highly. "
- Bridgette S.
- Resident
- 3y ago
"It’s really easy to get anywhere since we live near the expressway. We’re also not far from downtown which is nice when we wanna go out with friends! On a normal night ubers to downtown are usually under $10"
- Shameka P.
- Resident
- 4y ago
"People don't pick up their dogs poop. They let their doors poop in other people yards. Then our kids step in it"
- Cayci W.
- Resident
- 4y ago
"Great neighborhood! Pretty quiet, lived here for a few years and I feel safe walking my dog around! "
- Jordon K.
- Resident
- 4y ago
"The area is coming around as more people are moving in and fixing up the old run down homes. There are still a lot of areas that could use some love."
- Danielle L.
- Resident
- 4y ago
"Neighborhood class varies from street to street. Some areas are safe but the road next to it might be sketchy. "
- Shyloh F.
- Resident
- 4y ago
"I wish there were more dog parks around this neighborhood. however, there are lots of parks within walking distance to walk your dog around. "
- Loriwashowens
- Resident
- 5y ago
"Downtown Activities; Riverfront Parks for walking the dog. Easy access to Dash if you don't want to walk. Close to freeways for easy out of town getaway."
- Keith a. w.
- Resident
- 5y ago
"There is a lot of homeless people that hangout in the parks along the river. Most of the time they leave you alone. "
- Brirachae11
- Resident
- 5y ago
"Next to several main roads with easy access to transportation. Several parks nearby and smaller shops. The main roads surrounding the area have a lot of bike lanes and there’s a manual carwash nearby "
- Aaron p.
- Resident
- 5y ago
"it sucks here. drugs and music all day in the summer. kids run wild. my place had been broken into I can't wait to move. "
- Jenwinks
- 12y ago
"Quiet neighborhood. Above average number of homeowners in the two blocks around this house. The neighbors are friendly, take care of the place, and watch out for each other. Graydon's Crossing is a great little pub with fantastic food right nearby."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David VanDam, Five Star Real Estate (Grandv)
Information is deemed reliable but not guaranteed.
Copyright 2024 MichRIC, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
725 Lafayette Ave NE, Grand Rapids, MI 49503 is a studio multi-family built in 1890. 725 Lafayette Ave NE is located in Belknap Lookout, Grand Rapids. This property is currently available for sale and was listed by MichRIC on Apr 4, 2024. The MLS # for this home is MLS# 24015907.