1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
1129 Lyon Street NE
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Courtesy of Ryan Ogle, EXP Realty (Grand Rapids)
$1,455,000

1129 Lyon Street NE

0.61 Acres

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Description

Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!

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Location

1129 Lyon Street NE, Grand Rapids, MI 49503

Status

Sold

Date Sold

May 2, 2025

Property Amenities

Interior
Laundry room In Unit
Area & Lot
Lot Area 0.61 Acres
MLS® ID 24059440
Year Built 1961
School District Grand Rapids
Type Multi-Family
Status Sold
Exterior
Air conditioning Central Air
Heat type Forced Air
Sewer Public Sewer
Parking Paved
Lot Features Level
Utilities Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected
Finance
Sales Price $1,455,000
Real Estate Tax $23,582 yearly

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Contact Details

BLU HOUSE PROPERTIES LLC

M: (616) 901-4541
[email protected]

6809 Hanna Lake Ave Southeast Caledonia, MI 49316