129 Brown Street
Grand Rapids, MI 49507

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Description

Great opportunity for an owner-occupant or investor! This recently updated up/down duplex offers strong income potential and flexible living options. The lower unit features 3 spacious bedrooms, fresh paint, new flooring, and is currently vacant -- perfect for immediate occupancy or market-rate rent. The upper unit has a private entrance on the NE side of the building, offers 2 bedrooms, and is leased month-to-month to long-term tenants who would love to stay, providing instant cash flow. Separate gas and electric meters. Two newer furnaces and a water heater installed last year. Large lot with basement offering storage and potential for onsite laundry. Whether you're looking to house hack or expand your portfolio, this turnkey multifamily checks all the boxes. Don't miss this income-producing opportunity!

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kent County
• Zip Code: 49507
• Year Built: 1890
• School District: Grand Rapids
• Units: 2 units
• Basement: Crawl Space, Partial, Yes, Yes
• # of Parking Spaces: 5
• Lot Size: 7000 sq ft lot
• Construction Materials: Vinyl Siding
• Cross Street: burton & buchanan
• Directions: get out on burton exit on 131 and head east on burton. On Buchanan ave head north, brown st on your right side
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Size Area: 0.16
• Lot Size Square Feet: 7013
• Lot Size Units: Square Feet
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Parcel Number: 41-17-01-428-033
• Possession: Close Of Escrow
• Road Frontage: 50
• SEV: 98100
• Sewer: Public Sewer
• Tax Annual Amount: 1770.83
• Tax Legal Description: LOT 19* B F BARENDSEN SECOND ADDITION
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Trash Collection, Water
• Terms Available: Cash, Conventional, FHA
• Township: City of Grand Rapids
• Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water
• Utilities: Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
• Water Access: No
• Water Source: Public Water
• Zoning Description: RES