1053 Martin Luther King Jr St SE Grand Rapids, MI 49507
Property Features for 1053 Martin Luther King Jr St SE
General Information
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1922
Source:
Elliman
Listing Agent: James Hocking
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Grand Rapids Triplex Investment Opportunity
This three-unit property is located in Grand Rapids. It features a spacious main-floor two-bedroom unit with 1920s character, two one-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a two-to-three car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing. It is conveniently located near downtown, public transit, and neighborhood amenities. This property presents an ideal setup for house-hacking or repositioning for market-rate rents and represents a solid investment opportunity.
Location Intelligence
Current Use by Public Records
Triplexes
Map
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.656
- Latitude
- 42.931
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FAQs
What type of property is this?
Triplex - Three-unit property with updates near downtown Grand Rapids.
Where is this triplex located?
The property is located at 1053 Martin Luther King Jr St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: - Ideal for house-hacking or repositioning for market-rate rents due to two vacant units and seller vacating main floor.; - Solid investment opportunity with 3 units plus a non-conforming basement studio.; - Recent updates including new high-efficiency A/C units, fresh paint, new toilets, plumbing improvements, and a remodeled front porch.