926 Martin Luther King Jr Street SE
Grand Rapids, MI 49507
- – beds
- – baths
- – sqft
- 4,792 sqft lot
- 1922 build
- – on site
**This home qualifies for a $5300 down payment assistance through 5/3 Bank. This is free money to any borrower and can be their primary home or a rental! They can use this money to cover closing costs, buy down the rate, etc**Looking for a lucrative investment opportunity in Grand Rapids? Welcome to 926 M.L.K. Jr. St SE where you can bring in $2,680 /month!! This classic duplex features identical 2 BR's units with hardwood floors throughout. Easy access to local amenities, schools, and parks. Each unit offers its own laundry hookups in the basement with plenty of storage space. Separate utility meters. Tenants pay electric/gas/trash. Unit 1 is leased until Jan. 2025 & Unit 2 is month-to-month.Schedule a showing today and add this cash-flowing 2-unit to your investment portfolio!
Last checked:
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Last updated Jun 7, 2024
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MLS# 65024026364 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1922
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Construction Materials:Wood
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# of Units Total:2
Interior
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Features:Laundry Facility, Cable Available
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Basement:Yes
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:East on MLK from Eastern
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Directions From North South Detail:Kalamazoo
The Property
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Property Type:Multifamily
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Parcel Number:411432303011
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Zoning:Residential
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Lot Size Dimensions:37x132
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Lot Size Area:0.11
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Frontage Feet:37
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Waterfront:No
Listing Agent
- Contact info:
- Office phone:
- (616) 799-2903
Taxes
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Total Taxes:$3,951
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Tax Amount Summer:$3,951
The Listing
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Buyer Agency:Yes
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Buyer's Brokerage Compensation:3.00%
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary), Sewer at Street
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Water Source:Public (Municipal), Water at Street
Appliances
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Laundry Facilities:Yes
Schools
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School District:Grand Rapids
Parking
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Total Parking:2
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MF Parking:Paved
Extra Units
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Unit Count:12
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Unit Two Bed Number Of:2
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/7/24
Jun 7, 2024
|
Pending | REALCOMP | $224,900 | |
5/30/24
May 30, 2024
|
Price Changed | REALCOMP | $224,900 | -2.2% |
5/26/24
May 26, 2024
|
Listed / Active | REALCOMP | $229,900 | 70.4% (19.7% / YR) |