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1007 Ionia Avenue Grand Rapids, MI 49507
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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $137
Subdivision Mi
MLS Listing ID 70471353
Sold Date 07/22/25
Year Built 1906
Annual Tax Amount $4,173
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 44*132
Property Sub-Type Multi-Family
Property Description
Opportunity knocks on Ionia Ave SW! Whether you're looking to house hack or expand your investment portfolio, this fully rented duplex offers solid income and flexibility in a convenient GR location.The lower unit is 3/1, upper unit is a 2/1, with both units providing spacious layouts and strong rental appeal at $3100 total monthly rent!Both units have been incrementally updated during the seller's ownership, and the home is professionally managed by Neighbors Development, offering a smooth and hands-off transition for the next owner.This property offers shared laundry, a fenced-in yard, plenty of off-street parking, and is conveniently located near downtown Grand Rapids, major highways, and local parks--making it a smart and attractive investment.Ask listing agent for financials.
Location
State MI
County Kent
Area Grand Rapids (41032)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,Exchange/Trade
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Bought with Five Star Real Estate (M6)