Grand Rapids, MI 49505 1308 Leonard Street NW
$279,900
30 more
Presented By: Jordan P Painter at Keystone Home Group Realty LLC - (616) 201-1787
Home Details
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.
Presented By: Jordan P Painter at Keystone Home Group Realty LLC - (616) 201-1787
Interior Features for 1308 Leonard Street NW
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementMichigan Basement
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 1308 Leonard Street NW
Additional Parcels Y/NNo
CityGrand Rapids
Construction MaterialsVinyl Siding
CountyKent
DirectionsAt Exit 87, head right on the ramp for Scribner Ave NW toward Leonard St
Turn left onto US-131 N Bus / Leonard St NW
Keep straight to get onto Leonard St NW
Arrive at Leonard St NW
Electric On Property Y/NNo
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet39204.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2024-10-09T17:36:48Z
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
OwnerPaysNone
PossessionSubject To Tenant Rights
Property SubType2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3738.52
Tax Assessed Value75411
Tax Year2024
Tenant PaysElectric, Water, Trash Collection, Sewer, Gas
TermsCash, Conventional
TownshipCity of Grand Rapids
UtilitiesElectricity Connected
Waterfront Y/NNo
Year Built1880
Zoning Descriptionres
Exterior for 1308 Leonard Street NW
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions33x132
Lot Size Acres0.9
Lot Size Area0.9
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking3.0