1308 Leonard Street NW Pending

Grand Rapids,MI 49505

$ 279900

2 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65024047071

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1880

Annual Tax Amount $3,738

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 33x132

Property 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 $1,200. This property is an excellent investment opportunity in a desirable location. Roof was new in 2016. Off street parking.

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction At Exit 87, head right on the ramp for Scribner Ave NW toward Leonard StTurn left onto US-131 N Bus / Leonard St NWKeep straight to get onto Leonard St NWArrive at Leonard St NW

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Waterfront no

Roof Type Composition

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411323126008

Ownership Private Owned

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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