For Sale Multi-Family MLS# 26055023

247 Sweet Street NE

Grand Rapids, MI 49505

$299,900

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Listing Office

Officemichigan-regional-information-center-llc-rsd logo616 Realty LLC
AgentJulie A ONeill

About 247 Sweet Street NE

Substantial capital improvements, established rental income, and additional revenue potential make 247 Sweet Street NE an attractive investment opportunity. Located in Grand Rapids' revitalizing Creston neighborhood near the growing Plainfield Avenue corridor, this fully leased duplex offers convenient access to dining, shopping, and downtown. Significant capital improvements include a new main and flat roof with decking (2024), replacement of the exterior stairs and deck serving the upper unit, driveway drainage enhancements, exterior siding repairs and painting, interior updates, and mechanical servicing. These investments help reduce near term maintenance and capital expenditures compared to properties requiring similar improvements. Situated on a 6,229 sq. ft. lot, the property features a four-stall garage with potential for additional rental or storage income, subject to zoning verification.

Property details

Property

Type
2 to 4 Units
MLS type
Multi Family Home
Status
Active
Year built
1900
Lot
0.143
Original price
$310,000
MLS #
26055023

Interior

Features
Full
Heating
Hot Water

Exterior & lot

Features
Parking spaces: 4
Construction
Vinyl Siding
Roof
Composition
Parking
Paved

Schools

District
Grand Rapids Public Schools

Utilities

Utilities
Public Water, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
Water
Public Water

Financial

Financial
Michigan Regional Information Center (MichRIC), Private Owned
Annual tax
$5,419
Tax year
2025
Parcel
41-14-18-181-022
Legal
LOT 12 BLK 4* THE WARTROUS ADDITION

Location

County
Kent
Neighborhood
Creston Heights
Community
Grand Rapids
Directions
Plainfield to sweet st

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.