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1308 Leonard Street NW Grand Rapids, MI 49505
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Key Details
Sold Price $262,430
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024047071
Sold Date 12/06/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1880
Annual Tax Amount $3,738
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 33x132
Property Description
Introducing 1308 Leonard NW, a well-positioned two-unit home with a strong rental history. The property features a lower unit with 2 bedrooms and 1 bathroom, which includes access to a spacious basement. This unit is currently vacant and offers great potential as an owner-occupied residence or could generate rental income of up to $1,500 per month. The upper unit, also 2 bedrooms and 1 bathroom, is leased through July 2025 at a monthly rate of $1,200. This property is an excellent investment opportunity in a desirable location. Roof was new in 2016. Off street parking.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction At Exit 87, head right on the ramp for Scribner Ave NW toward Leonard StTurn left onto US-131 N Bus / Leonard St NWKeep straight to get onto Leonard St NWArrive at Leonard St NW
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Roof Type Composition
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411323126008
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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