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.
Active
$379,900
1053 Martin Luther King Jr St SE, Grand Rapids, MI 49507
4beds
4baths
1,010sqft
Est.:
2 to 4 Units
Built in 1922
-- sqft lot
$374,600 Zestimate®
$376/sqft
$-- HOA
What's special
Fresh interior paintRing security camerasRemodeled front porchNew water heaterAdditional storagePlumbing improvementsNew back entrance door
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