956 Hovey Street, City of Grand Rapids, Michigan 49504

$275,500

Property Details

  • MLS#: 65026052856
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Square Feet: N/A
  • Lot Size: N/A
  • Year Built: 1941
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

INVESTORS--THIS ONE IS READY TO GO! This fully rented Grand Rapids duplex offers immediate income with both units currently occupied and a City of Grand Rapids Rental Certificate valid through December 2030. But the opportunity may not stop there! The property previously had a detached garage and is zoned TN-LDR, creating an exciting opportunity to explore the potential for a future garage with an Accessory Dwelling Unit (ADU) or other permitted configuration. Two existing rental units today with the possibility of exploring additional living or rental space tomorrow! Any future ADU, garage, additional dwelling, or development is not guaranteed and is subject to City of Grand Rapids and other required approvals. Buyer and buyer's agent to verify all information, zoning, permitted uses, requirements, and approvals and complete their own due diligence regarding any intended future use. Conveniently located near downtown Grand Rapids, shopping, restaurants, and area amenities. WhetherBoth units are currently tenant occupied with a combined monthly rental income of $2,470. Unit 1: $1,150/month with lease in place through October 2027. Unit 2: $1,320/month with lease in place through May 1, 2027.

Location

This property is located in City of Grand Rapids, Michigan. City of Grand Rapids is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 956 Hovey Street?

956 Hovey Street is listed at $275,500.

How many bedrooms does 956 Hovey Street have?

This property has N/A bedrooms and 0 bathrooms.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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