$414,900
Grand Rapids, MI 49506
MLS# 23143222
Status: Sold
1 / 47
Property Description
Don't miss this golden investment opportunity nestled in the heart of Eastown-a prime location - with a variety of eateries, parks, and cafes at your doorstep, and downtown Grand Rapids just a short distance away. UNITS INSPECTED BY CITY OF GR/6 YR CERTIFICATION THRU 2029. Presenting a charming 2-unit home that radiates warmth from every corner. Each unit, with its inviting wrap-around porch, offers ample privacy. Step inside to find soaring ceilings, beautiful hardwood floors, and an abundance of natural light that brings a sense of openness to the formal living spaces. The spacious and well-appointed kitchens, complete with a full appliance package, provide the perfect setting for culinary exploration.
Details
Maps
Documents
Location Property Info
County: Kent
Street #: 201
Street Name: Benjamin
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
OfficeContract Info
Status: Sold
Current Price: $414,900
List Price: $414,900
Listing Date: 2023-11-28
General Property Info
Lot Measurement: Acres
Lot Square Footage: 7100
Lot Acres: 0.16
Lot Dimensions: 59x120
Year Built: 1890
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-12-31
Road Frontage: 59
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3000
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-29-405-017
Taxable Value: 80247
SEV: 169100
For Tax Year: 2023
Seller's Annual Property Tax: 3962.93
Tax Year: 2022
Spec Assessment & Ty: N/A
Zoning: Multi-Fam
Remarks Misc
Directions: Lake Dr To Benjamin, North To Home
Status Change Info
Under Contract Date: 2023-12-15
Sold Date: 2024-02-09
Sold Price: $414,900
Sold Price/SqFt: 138.3
Access Feat
Accessibility Features: No
Unit 1
Unit #: 201
Unit Description: LR,KIT,DR,MUD2BDR,
SqFt: 1500
Occupied: Yes
Monthly Rent: 920
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 203
Unit Description: LR,KIT,DR,MUD2BDR,
SqFt: 1500
Occupied: Yes
Monthly Rent: 945
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Laundry Room
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Wooded
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Storm Sewer
Extras: Garages; Sep Electric Meter; Sep Gas Meter; Sep Water Meter
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional; Other
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Garage; Range Oven; Refrigerator; Washer/Dryer
Unit 2: Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator; Washer/Dryer
Supplements
The graciously sized bedrooms are complemented by airy bathrooms and generous closet space. Each unit also boasts a single-car garage, two shared drives, a large basement perfect for storage, and for Unit 203, a private rear porch. New roof 2006; High Efficiency Furnaces in both units (2019 and 2023); Some Windows Recently Replaced; Deck Replaced/Unit 203; New Electric Panels Updated to Both Units 2006. This property truly stands as a testament to comfort, convenience, and potential for remarkable returns.
Both Units are currently occupied with lease expiration on Unit 201 is 1/31/24: 1,500 SF-$920.00/mo. Lease expiration on Unit 203 6/30/24: 1,500 SF-$945.00/mo. Future potential rentals rates up to $1,450.00/mo. Security deposits $700.00 for each unit. Buyer to verify all information and future rental rates.
NEW! NEW! NEW-Fannie Mae unveiled a new policy this week that will significantly reduce down payment requirements for owner-occupied 2-, 3-, and 4-unit homes. Set to be effective from the weekend following Nov. 18, 2023, the down payment will now be 5%, a stark decrease from the previous 15-25% requisite for duplexes, triplexes, and four-plexes. Contact your lender for details.
Lead 
Listing Office: Keller Williams GR North (Main)
Listing Agent: Arija Wilcox
Last Updated: February - 11 - 2026
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