$455,000 Pending

3990 Camelot Drive
Grand Rapids, MI 49546

2 units | Multi Family Home
17642 sq ft lot - MLS# 26013609
Property Photo
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Description

Great investment opportunity to own a well-maintained, updated duplex in a prime Grand Rapids location on the corner of East Paris and Camelot Drive. Each unit features close to 1500 sq feet of living space. The main level includes a living room, a spacious kitchen with room for dining, and the upstairs level includes a large master bedroom, a second bedroom, and a full bath. The lower level adds valuable living space with a third bedroom, half bath, and a comfortable family room with sliding doors leading to a private patio and backyard. The exterior of the home was freshly painted in 2022. Unit #3992 has been fully renovated and offers turnkey living with new carpet and paint throughout, and new appliances including:stove, refrigerator, washer, dryer.This unit is currently rented at $1995 per month, providing strong cash flow with all utilities covered by tenants. Unit #3990 has also been refreshed with interior paint and is vacant after previously being rented for $2190 per month.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Pending
  • County/Area: Kent County
  • Zip Code: 49546
  • Year Built: 1971
  • School District: Grand Rapids
  • Units: 2 units
  • Basement: Yes, Yes
  • # of Parking Spaces: 6
  • Lot Size: 17642 sq ft lot
  • Construction Materials: Brick, Vinyl Siding
  • Cross Street: E Paris at Camelot
  • Directions: SW corner of E Paris and Camelot SE, S of Burton or N of 28th St.
  • Financial Available: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Lot Size Area: 0.41
  • Lot Size Square Feet: 17642
  • Lot Size Units: Square Feet
  • Main Type: Multi Family
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 1
  • Owner Pays: Water
  • Ownership: Broker/Agent Owned
  • Parcel Number: 41-18-11-299-012
  • Possession: Close Of Escrow
  • Road Frontage: 147
  • SEV: 192800
  • Sewer: Public Sewer
  • Spec Assessment Ty: None Known
  • Tax Annual Amount: 7000
  • Tax Legal Description: LOT 8* CAMELOT DOWNS NO. 1
  • Tax Year: 2025
  • Tenant Pays: Electricity, Gas, Trash Collection
  • Terms Available: Cash, Conventional, FHA, MSHDA, VA Loan
  • Total Approx Sq Ft All Bldgs: 2670
  • Township: City of Grand Rapids
  • Util Availat Street: High Speed Internet
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
  • Water Source: Public Water
  • Zoning Description: RMSED, duplex
Courtesy of Asadullah Ali, Five Star Real Estate (M6)
Source: Michigan Regional Information Center (MichRIC)
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