921 Fairmount Street
Grand Rapids, MI 49506

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Description

Updated two unit multi family opportunity in the desirable Fairmount Square neighborhood! This well maintained 2-Unit offers excellent potential for investors or owner occupants looking to live in one unit and rent the other to generate additional income. Each unit provides comfortable living space with thoughtful updates. Located near some of Grand Rapids most vibrant neighborhoods including Downtown, Midtown, and Heritage Hill. Residents enjoy convenient access to local restaurants, coffee shops, shopping, parks, and downtown amenities. With strong rental demand in the area and a prime location, this property offers a great opportunity for rental income, house-hacking, or long-term investment potential.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kent County
• Zip Code: 49506
• Year Built: 1895
• Subdivision/Neighborhood: Fairmount Square
• School District: Grand Rapids
• Units: 2 units
• Basement: Full, Michigan Basement, Yes, Yes
• # of Parking Spaces: 2
• Lot Size: 3611 sq ft lot
• Construction Materials: Wood Siding
• Cross Street: Diamond and Cherry
• Directions: Diamond St to Fairmount
• Driveway: Concrete
• Extras: Garages, Laundry Facility, Sep Electric Meter, Sep Gas Meter, Tenant Storage
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Laundry Features: Common Area, In Basement
• Lot Description: Corner Lot, Level, Sidewalk
• Lot Features: Corner Lot, Level, Sidewalk
• Lot Size Area: 0.08
• Lot Size Square Feet: 3615
• Lot Size Units: Square Feet
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Owner Pays: Sewer, Trash Collection, Water
• Ownership: Private Owned
• Parcel Number: 41-14-29-354-017
• Parking Features: Concrete
• Possession: Close Of Escrow
• Road Frontage: 43
• Roof: Composition
• SEV: 166400
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDA4OTgzIiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTAzLTI0VDIyOjQzOjAwLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.5ZWYOZfJVSJVJwTTrcezgBCR7ZuLJBnCH7KyrlUT4Fc/badge
• Spec Assessment Ty: No
• Street Type: Public
• Tax Annual Amount: 7007.85
• Tax Legal Description: W 42.74 FT OF S 84 FT OF LOT 19* WEATHERLY S ADDITION
• Tax Year: 2025
• Tenant Pays: Electricity, Gas
• Terms Available: Cash, Conventional, FHA, VA Loan
• Total Approx Sq Ft All Bldgs: 1726
• Township: City of Grand Rapids
• Util Availat Street: High Speed Internet, Phone Available
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Phone Available
• Water Source: Public Water
• Zoning Description: Res Multifamily