$725,000 For Sale

1053 3rd Street
Grand Rapids, MI 49504

3 units | Multi Family Home
3554 sq ft lot - MLS# 26002440
Property Photo
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Description

Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Active
  • County/Area: Kent County
  • Zip Code: 49504
  • Year Built: 1870
  • School District: Grand Rapids
  • Units: 3 units
  • Basement: Full, Yes, Yes
  • # of Parking Spaces: 6
  • Lot Size: 3554 sq ft lot
  • Construction Materials: Wood Siding
  • Cross Street: Pine Av NW & 3rd St NW
  • Directions: U.S. 196 to Lane Ave, North to 3rd St NW, West to address
  • Driveway: Paved
  • Financial Available: No
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Laundry Features: Common Area, Laundry Room
  • Lot Description: Wooded
  • Lot Features: Wooded
  • Lot Size Area: 0.08
  • Lot Size Square Feet: 3554
  • Lot Size Units: Acres
  • MLS Area Major: Grand Rapids - G
  • MLS Area Minor: Grand Rapids - G
  • Main Type: Multi Family
  • Number Of Buildings: 2
  • Number Of Diff Unit Floor Plans: 2
  • Parcel Number: 41-13-23-412-033
  • Parking Features: Paved
  • Possession: Close Of Escrow
  • Road Frontage: 60
  • Road Surface Type: Paved
  • Roof: Composition
  • SEV: 165400
  • Sewer: Public Sewer
  • Street Type: Paved, Public
  • Tax Annual Amount: 2340.26
  • Tax Legal Description: LOT 4* G M BARKERS SUBDIVISION
  • Tax Year: 2025
  • Terms Available: Cash, Conventional
  • Total Approx Sq Ft All Bldgs: 2942
  • Township: City of Grand Rapids
  • Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer, Phone Available, None
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Access: No
  • Water Source: Public Water
  • Zoning Description: TN-TBA
Courtesy of Javier Rodriguez, Lake Michigan Realty Mgmt
Source: Michigan Regional Information Center (MichRIC)
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