$274,900
For Sale

1308 Leonard Street NW

Grand Rapids, MI 49505
Browse 35 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Introducing 1308 Leonard NW, a well-positioned two-unit home with a strong rental history. The property features a lower unit with 2 bedrooms and 1 bathroom, which includes access to a spacious basement. This unit is currently vacant and offers great potential as an owner-occupied residence or could generate rental income of up to $1,500 per month. The upper unit, also 2 bedrooms and 1 bathroom, is leased through July 2025 at a monthly rate of $1,400. This property is an excellent investment opportunity in a desirable location. Roof was new in 2016. Off street parking.

  • Property Details
      • Acres0.9
  • Construction Details
      • BasementMichigan Basement
      • Property TypeMulti-Family
    • Condition
      • Year Built1880
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictGrand Rapids
      • CountyKent
  • Financial Details
      • Original List Price$299,900
      • Days on Market (Cumulative)14
  • Other
      • MLS #24047071

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00