556 Lafayette SE Avenue, Grand Rapids, MI 49503
556 Lafayette SE Avenue, Grand Rapids, MI 49503
556 Lafayette SE Avenue, Grand Rapids, MI 49503
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$450,000
Est. payment /mo
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7,231 Sqft Lot
Pending

556 Lafayette SE Avenue Grand Rapids, MI 49503

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Marilyn Hazard

Marilyn Hazard

+1(616) 299-9944

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26017314

HOA Y/N false

Year Built 1890

Annual Tax Amount $7,226

Tax Year 2025

Lot Size 7,231 Sqft

Acres 0.17

Lot Dimensions 50 X 145

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Heritage Hill character with real flexibility. This duplex works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy. Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites. The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. 2.625% Loan Assumption available for remaining $261,000 owed by 2050.

Location

State MI

County Kent

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Window Unit(s)

Laundry Gas Dryer Hookup, In Basement, In Unit, Sink, Upper Level

Exterior

Parking Features Driveway, Gravel

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer

View Y/N No

Roof Type Composition,Other

Street Surface Paved

Total Parking Spaces 5

Building

Lot Description Level, Sidewalk

Structure Type Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

HOA Fee Include None

Tax ID 41-14-31-134-012

Acceptable Financing VA Loan, MSHDA, FHA, Cash, Assumable, Conventional

Listing Terms VA Loan, MSHDA, FHA, Cash, Assumable, Conventional

Listed by Real5

Nearby Locations

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Marilyn Hazard

Marilyn Hazard

Broker Associate | License ID: 65-06045056

+1(616) 299-9944

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556 Lafayette SE Avenue