508 Delaware Street SE, Grand Rapids, MI 49507
$210,000 - Sold
- MLS#: 25046172
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1920
- Basement: Yes
- Air: None11
- Lot Size: 40 x 124
- Square Footage: 1,569
- Exterior: Brick, Wood Siding
- Water: Public Water4
- Acreage: .11
- Heat: Forced Air/Natural Gas
- PPN: 41-14-31-406-021
- Sewer: Public Sewer5
- Water Body: None
- Water Features: None
- Utilities Attached: Electricity Connected,Natural Gas Connected
- Utilities Available at Street: Cable Available,High Speed Internet
- Extras: None
- Lot Description:
- Frontage/Type: 40 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, VA Loan
- Original Price: $230,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: MLK to South on Madison to East on the Property
- Property Description: Grand Rapids Duplex! Located just 9 mins from Downtown GR. Lower unit offers 2 bedrooms, 1 bath, and a newer furnace and is currently rented for $1,075/month thro 5/30/26.Upper unit features 1 bedroom, 1 bath and a flexible floor plan that could be used as 2 bedrooms or 1 bedroom plus living space. Recently updated with 2 new water heaters. Mainly vinyl windows in both units. Tenants pay gas, electric and trash; owner covers water/sewer.The upper unit is vacant opening the option for an owner occupier or the rental potential of $945/month (placement verified with United Property Management). Great investment opportunity with solid rental income and upside potential.Thinking of OWNER OCCUPYING THIS PROPERTY? Contact me to learn how you could potentially save $15,000
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