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Chris Hubel

Good Company Realty

chris@chrishubel.com +1(248) 791-3594

$ 289,900

Est. payment -/mo

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Price Dropped by $10K

1343 Quarry Avenue NW Grand Rapids, MI 49504

2 Beds

5,662 Sqft Lot

UPDATED:

02/05/2025 05:01 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025001571

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1903

Annual Tax Amount $1,788

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 53x115

Property Description

This spacious and well-maintained 2-unit property in NW Grand Rapids boasts numerous updates. The entire property features new windows, and the roof has been completely replaced. Both units have new kitchen cabinets; the lower level includes refinished hardwood floors and fresh paint. The tiled bathrooms feature new fixtures, while the original metal ceilings add a touch of class and character. Both units have front and rear entries, and utilities are split. The property also includes a 2-stall detached garage with new doors. The aluminum siding was painted 10 years ago, and cedar trim surrounds the exterior windows. The nice front porch and sidewalks add to the property's charm and are conveniently located near the bus line. Rents are below market value due to long-term tenants, presenting an opportunity for higher rental income. The basement offers ample storage and shared laundry space. The property is city compliant. The downstairs tenant has a lease through 2025 and has been there for nearly 10 years, while the upstairs tenant is on a month-to-month lease, has been there for several years, and always pays on time. Showings require 24-hour notice.

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction North off Leonard on Quarry.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Road Frontage Paved

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Aluminum

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 410713377013

Ownership Broker/Agent Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by David P Kooistra of Apex Realty Group