240 Union Avenue SE, Grand Rapids, MI 49503
$502,500 - Sold
- MLS#: 26017295
- Number of Units: 2
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1890
- Basement: Yes
- Air: None
- Lot Size: 50 x 132
- Square Footage: 3,481
- Exterior: Wood Siding
- Water: Public Water4
- Acreage: .15
- Heat: Forced Air/Natural Gas
- PPN: 41-14-30-476-009
- Sewer: Public Sewer5
- Water Body: None
- Water Features: None
- Utilities Attached: Cable Connected,Electricity Connected,Natural Gas Connected
- Utilities Available at Street: Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Public Sewer,Public Water,Storm Sewer
- Extras: Sep Electric Meter,Sep Gas Meter,Tenant Storage
- Lot Description:
- Frontage/Type: 50 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, VA Loan
- Original Price: $449,900
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions:
- Property Description: Excellent owner-occupied or investment opportunity in the heart of Heritage Hill! This classic duplex offers historic charm and strong income potential, with one unit already rented at $1,900/month to excellent long-term tenants and the other unit primed to immediately rent at a similar pricepoint. Both units are rental certified with the City of Grand Rapids until May of 2031, with the certifications transferable to the new owner. Each spacious 3-bedroom unit features timeless character with rich woodwork and generous living space, along with a full appliance package including dishwasher, range, refrigerator, and garbage disposal. The upper unit includes in-unit laundry, while the lower unit offers dedicated basement laundry, as well as 9-ft ceilings and original pocket doors. Current tenantsLocated in one of Grand Rapids' most desirable historic districts, this home is highly walkable to downtown amenities, dining, and parks, including establishments like Donkey, Wealthy Street Bakery, the Winchester, Brewery Vivant, Maru Sushi, and Grove, as well as proximity to hospitals and all that East Town has to offer. Don't miss this rare opportunity to own a standout Heritage Hill property with immediate income and long-term upside
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