371 Hogadone Avenue SW Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025011992
Bedrooms 3
Year Built 1885
Annual Tax Amount $1,204
Lot Size 4,791 Sqft
Property Description
Welcome to 371 Hogadone in SW Grand Rapids, a fantastic opportunity for investors or homeowners seeking versatility and income potential. This two-story 3-unit offers is priced below market value, but has an excellent rental history, making it ideal for those looking to generate additional income or offset their mortgage. With long-term month-to-month tenants of 6 and 20 years (Units 1 and 2. Rents under market. Unit 3- the studio, is vacant and move-in-ready!) who are happy to stay and a 6-year new roof, this property is a true turn-key investment offering immediate cash flow. Quiet cul-de-sac location. Whether you're an investor or looking to live in one unit while renting the other two, this property offers flexibility and the chance to build equity with minimal personal expense.Hogadone offers exceptional convenience with top-rated schools, diverse dining options, and ample shopping opportunitiesall within a short drive in this vibrant community. Don't miss your chance to own this 3-unit flowing with potential in a highly desirable area. City of GR Certificate of Compliance good through November 2027. As a part of the estate process, property was recently appraised at $320,000. Schedule your showing today availability will be limited based on tenant schedules!
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Interior
Heating Forced Air
Exterior
Garage Spaces 3.0
Roof Type Composition
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick,Vinyl
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA