MLS # 26018368 (Michigan Regional Information Center (MichRIC))

Well-maintained 2-unit (upper/lower) in Grand Rapids suited for both investors and owner-occupants. Upper unit offers 2 bedrooms and 1 full bath and is currently vacant, allowing for immediate occupancy or rental. Lower unit features a flexible 1-2 bedroom layout with 1 bath and is currently tenant-occupied, with lease in place through June 30th. Major updates completed in 2020 include roof, plumbing, electrical, and mechanical systems, along with cabinetry and appliances. Separate gas and electric utilities for each unit, on-site first-floor laundry with access for both units, and private entrances--including interior access for the lower unit--add efficiency and convenience. Rental certified through 2030. Most recently rented at approximately $1,275 (upper) and $1,100 (lower). Ideal setup to live in one unit while generating income from the other, or as a move-in-ready addition to a rental portfolio. Conveniently located near downtown, highways, and local amenities.
Source: SparkMLS
Closed at $264,900.
Annual property taxes run approximately $1,665 ($139/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
E 30 FT OF S 90 FT OF LOT 5 BLK 25 & W 6 FT OF S 90 FT OF LOT 6 BLK 25* SHEPARD S ADDITION
FEMA Flood Zone: Zone D — Undetermined flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by John R Ogle
EXP Realty (Grand Rapids)
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
921 Dayton Street SW, Grand Rapids, MI 49504
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Municipality
Grand Rapids
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