Properties for sale in Michigan

Overview

Description

Welcome to an incredible investment or house-hacking opportunity in Grand Rapids, positioned just minutes from vibrant downtown and the Medical Mile. The vacant lower unit is completely refreshed and move-in ready, offering maximum flexibility for an owner-occupant or an investor aiming to set top market rent. Step inside to discover a spacious, beautifully updated layout featuring a stylish kitchen, a large living room designed for relaxation, two comfortable bedrooms, and a full bathroom. The upper unit is fully occupied, providing immediate rental income from day one to jumpstart your investment journey with three bedrooms and a full bath. Complete with a detached two-stall garage, this versatile property seamlessly blends turn-key convenience, cash-flow potential, and an unbeatable location close to city dining, shopping, and major healthcare hubs.

Location Property Info

County: Kent
Street #: 541
Street Name: Coit
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4879
Lot Acres: 0.11
Lot Dimensions: 38 x 128
Year Built: 1875
New Construction: No
Road Frontage: 38
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3561
Total Parking Spaces: 26
Waterfront: No
School District: Grand Rapids
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 41-14-19-355-005
Taxable Value: 118416
SEV: 136800
For Tax Year: 2026
Seller's Annual Property Tax: 5954
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: Res-Improved
Homestead %: 0

Remarks Misc

Directions: From Michigan, North to address

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: Upper
SqFt: 1139
Occupied: Yes
Monthly Rent: 1525
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit Description: Lower
SqFt: 1211
Occupied: No
Monthly Rent: 1650
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Trowbridge & Hastings
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 103.9

Remarks & Misc

Public Remarks: Welcome to an incredible investment or house-hacking opportunity in Grand Rapids, positioned just minutes from vibrant downtown and the Medical Mile. The vacant lower unit is completely refreshed and move-in ready, offering maximum flexibility for an owner-occupant or an investor aiming to set top market rent. Step inside to discover a spacious, beautifully updated layout featuring a stylish kitchen, a large living room designed for relaxation, two comfortable bedrooms, and a full bathroom. The upper unit is fully occupied, providing immediate rental income from day one to jumpstart your investment journey with three bedrooms and a full bath. Complete with a detached two-stall garage, this versatile property seamlessly blends turn-key convenience, cash-flow potential, and an unbeatable location close to city dining, shopping, and major healthcare hubs.
Legal: S 38 FT OF E 128 FT OF LOT 3 BLK 4* DEXTER FRACTION

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Exterior Material

Other: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Driveway

Gravel: Yes

Substructure

Full: Yes
Michigan Basement: Yes

Extras

Garages: Yes

Owner Pays

None: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Exterior Material: Other Roofing: Composition Substructure: Full; Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water Extras: Garages Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Driveway: Gravel Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator

541 Coit Avenue NE, Grand Rapids, MI 49503