117 NE Leonard, Grand Rapids, MI 49503

$330,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,470 Lot Size (sq. ft.): 5,750 Status: Active
Current Price: $330,000 List Date: 4/28/2025 Last Modified: 3/12/2026

Description

This Income Property is conveniently located near the corner of Leonard and fuller. This fully occupied city certified rental, currently hosts 5 tenants by the room. 4 tenants have 1 year leases, 1 tenant is month to month. Total rents are 2,300. Hardwood floors throughout.

More Information MLS# 25018180

Location & Property Info

Cross Streets: Leonard and Plymouth Property Sub-Type: Single Family Residence Area: Grand Rapids - G Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 133.6 Ownership Type: Private Owned

General Property Info

New Construction: No Lot Dimensions: 50*115 Road Frontage: 50 Garage Y/N: No Waterfront: No Income Property: Yes Basement: Yes Total Rooms AG: 9 Total Fin SqFt All Levels: 2470 SqFt Above Grade: 2470 Total Beds Above Grade: 5 Main Level Primary: No Stories: 2 School District: Grand Rapids Lot Measurement: Acres Lot Acres: 0.13 Lot Square Footage: 5750 Year Built: 1915 Total Bedrooms: 5 Full Baths: 2 Total Baths: 2

Tax Info

Taxable Value: 55579 SEV: 150500 For Tax Year: 2025 Seller's Annual Property Tax: 2896.28 Tax Year: 2024 Homestead %: 0 Spec Assessment & Type: NA Tax ID #: 41-14-18-382-024

Remarks & Misc

Public Remarks: This Income Property is conveniently located near the corner of Leonard and fuller. This fully occupied city certified rental, currently hosts 5 tenants by the room. 4 tenants have 1 year leases, 1 tenant is month to month. Total rents are 2,300. Hardwood floors throughout. Legal: LOT 425* STEINMANN S ASSESSOR S PLAT NO 14 OF PART OF LOTS 97 & 98 OF COIT & CURTIS PARTITION PLAT

Waterfront Options

Water Access Y/N: No

Util Avail at Street

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1

Utilities Attached

Cable Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public: 1

Terms Available

Cash: 1 Conventional: 1

Laundry Features

In Basement: 1

Exterior Material

Vinyl Siding: 1

Roofing

Asphalt: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 3 Upper Full Baths: 1 Upper Level Square Feet: 1235 Total Baths Above Grade: 2

Main Rooms

Main Bedrooms: 2 Main Full Baths: 1 Main Level SQFT: 1235

Lower Rooms

Lower Finished SQFT: 0 Total Lower SQFT: 2174

Basement Rooms

Basement Finished SQFT: 0 Total Basement SQFT: 1235

Substructure

Michigan Basement: 1

Architectural Style

Traditional: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

County: Kent Street #: 117 Street Direction: NE Street Name: Leonard State: MI Zip Code: 49503

OfficeContract Info

Status: Active List Price: $330,000 Current Price: $330,000 Listing Date: 2025-04-24

Remarks Misc

Directions: From Plainfield turn east on Leonard. turn north into the alley and follow the alley east to the building. Additionally the property can be accessed by stairs from Leonard Street

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Asphalt Substructure: Michigan Basement Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Architectural Style: Traditional Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None
Listing Office: Signature Associates Holland
Listing Agent: Thomas J Elhart
IDX
Last Updated: March - 12 - 2026
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