1053 Martin Luther King Jr SE Street new

Grand Rapids,MI 49507

$ 379900

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25053372

Year Built 1922

Annual Tax Amount $6,214

Tax Year 2024

Lot Size 5,401 Sqft

Property Sub-Type 2 to 4 Units

Property Description

Solid investment opportunity in the heart of Grand Rapids. This 3-unit property features a spacious main-floor 2-bedroom with 1920s character, two 1-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a 2-3 car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing—ideal setup for house-hacking or repositioning for market-rate rents. Conveniently located near downtown, public transit, and neighborhood amenities.

Location

State MI

County Kent

Area Grand Rapids - G

Interior

Heating Hot Water

Exterior

Parking Features Concrete,Driveway

Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected

View Y/N No

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing VA Loan,MSHDA,FHA,Cash,Conventional

Listing Terms VA Loan,MSHDA,FHA,Cash,Conventional

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