938 5th Street
Grand Rapids, MI 49504

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Description

Great investment opportunity on the NW side of Grand Rapids! This 2-family unit features two identical units, each offering a spacious living room, 2 bedrooms, dining room, and kitchen complete with stove and refrigerator, along with a full bathroom and private back deck. Separate utilities for each unit add convenience, with shared laundry located in the basement. The exterior boasts low-maintenance aluminum siding, plus a 2-stall garage and additional carport for ample parking. Ideal for investors or owner-occupants alike! Lower unit rent: $1,110 Upper unit rent: $1,295

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kent County
• Zip Code: 49504
• Year Built: 1915
• School District: Grand Rapids
• Units: 2 units
• Basement: Full, Michigan Basement, Yes, Yes
• # of Parking Spaces: 4
• Lot Size: 5854 sq ft lot
• Construction Materials: Aluminum Siding
• Cross Street: 5th Street NW / Fremont Ave NW
• Directions: S Off Walker On Pine, E On 5th St To Home
• Driveway: Paved
• Extras: Garages, Laundry Facility, Sep Electric Meter, Sep Gas Meter
• Financial Available: No
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Description: Sidewalk
• Lot Features: Sidewalk
• Lot Size Area: 0.13
• Lot Size Square Feet: 5856
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Owner Pays: Sewer, Trash Collection, Water
• Parcel Number: 41-13-23-432-001
• Parking Features: Paved
• Possession: Close Of Escrow
• Road Frontage: 48
• Road Surface Type: Paved
• Roof: Composition
• SEV: 137600
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDE3MjA3IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTIyVDIwOjMzOjIyLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.EFx-gi3wyDY0ixMBc9I0ofEMc9Cz4-8cr4mNAlhCVn8/badge
• Street Type: Paved
• Tax Annual Amount: 5311.63
• Tax Legal Description: W 46 1/2 FT OF LOTS 17 & 18* C L COVELL S ADDITION* ALSO PART OF LOT 24 MOLLOY S PINE AVENUE ADD COM ON E LINE SD LOT 24 AT A PT 23 FT N LY FROM SE COR THEREOF TH W LY PAR S LY LINE SD LOT 24 4 FT TH N LY TO A PT ON S LINE FIFTH ST 2 FT W LY FROM NE COR SD LOT 24 TH E LY TO NE COR SD LOT 24 TH S LY TO BEG
• Tax Year: 2025
• Tenant Pays: Electricity, Gas
• Terms Available: Cash, Conventional, FHA, MSHDA, VA Loan
• Total Approx Sq Ft All Bldgs: 2288
• Township: City of Grand Rapids
• Util Availat Street: Natural Gas Available, Public Sewer, Public Water
• Utilities: Natural Gas Connected, Electricity Connected, Natural Gas Available
• Water Access: No
• Water Source: Public Water
• Zoning Description: R-3