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    223-225 Lyon Street

    Grand Rapids, MI 49503
    • $689,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 65021023451
    UPDATED: 37 min ago
    $689,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:
    Zoning:
    Residential
    Lot Size Dimensions:
    irreg

    School Ratings & Info

    School District:

    Description

    Here is an exclusive offering of a 4- unit multifamily property, located only blocks from a vibrant and growing downtown Grand Rapids, MI. The property offers generous unit sizes and great curb appeal. This offering represents an attractive opportunity to acquire a well cared for property located within the desirable historic Heritage Hill District. The property is only a short walk or bus ride to all the employment opportunities and recreational amenities of the thriving downtown area, as evidenced by exceptionally high Walk Score. The property includes onsite parking, a great potential income source for Lyon On The Hill. Each unit has received substantial interior upgrades and capital improvements. In addition, there is still some room to make minor interior upgrades to furtherenhance rent. Overall, Lyon On The Hill demonstrates very strong cash flow and is well positioned for future income stability and growth.

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-28T12:58:02.57.
    www.purchasemi.com/homes/118487432
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    223-225 Lyon Street Grand Rapids, MI 49503

    • Price: $689,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 65021023451
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1920
    Built
    Neighborhood:
    Grand Rapids
    County:
    Kent
    Area:
    Grand Rapids
    School District:
    GRAND RAPIDS
    Property Description
    Here is an exclusive offering of a 4- unit multifamily property, located only blocks from a vibrant and growing downtown Grand Rapids, MI. The property offers generous unit sizes and great curb appeal. This offering represents an attractive opportunity to acquire a well cared for property located within the desirable historic Heritage Hill District. The property is only a short walk or bus ride to all the employment opportunities and recreational amenities of the thriving downtown area, as evidenced by exceptionally high Walk Score. The property includes onsite parking, a great potential income source for Lyon On The Hill. Each unit has received substantial interior upgrades and capital improvements. In addition, there is still some room to make minor interior upgrades to furtherenhance rent. Overall, Lyon On The Hill demonstrates very strong cash flow and is well positioned for future income stability and growth.
    Exterior Features

    Architecture Style Other Construction Materials Block/Concrete/MasonryWood Lot Size Dimensions irreg Multifamily Parking GaragesPaved Parking Total 8 Road Frontage Feet 150 Roof Material Composition

    Interior Features

    Basement Type Common Storage Locker Basement YN Yes Cooling Window Unit(S) Heating Forced AirHot Water Heating Fuel Natural Gas Interior Features OtherLaundry FacilityCable Available Room Count 0

    Property Features

    Listing Financing CashConventionalFha Percent Homestead Exempt YN Yes Postal City Grand Rapids Settlement City Sewer Sewer-SanitarySewer At StreetStorm Drain Short Sale Unknown Tax Amount Summer 4728.0000 Total Tax 4728.0000 Transaction Type Sale Unparsed Address 223-225 Lyon Street Water Source Water At StreetMunicipal Water Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via Nai Wisinski Of West Michigan and Greater Regional AOR MLS, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-28T12:58:02.57.
     
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    Farmington Hills MI, 48334