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725 Crescent St NE Grand Rapids, MI 49503

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For Sale
$349,000

Two-unit property near amenities with updated features and rental income.

Lot size:
0.12 Acres

Property Features for 725 Crescent St NE

General Information

Property type
Investment
Standard status
Active
Lot size
0.12 Acres

Building Details

Year built
1900

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Listing Contact
Lisa J Novosad
Source: Elliman

Listing Agent: Lisa J Novosad

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Two-Family Home Near Medical Mile

This two-family property is situated in a prime location, within walking distance of restaurants, shopping, and the Medical Mile. The main floor unit is suitable for an owner-occupant. The upper kitchen and lower bathroom were updated in 2024. A furnace and AC unit were installed in 2021. The property includes a full basement with a washer, dryer, and storage space for tenants. The fenced backyard features a patio area. There are four off-street parking spots located in the back alley. The City of Grand Rapids Certificate of Compliance is valid until January 9, 2028. Each tenant pays $1,400 in rent, plus an additional $50 per month for gas heat.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.6510088
Latitude
42.9693538

FAQs

What type of property is this?
Duplex - Two-unit property near amenities with updated features and rental income.
Where is this duplex located?
The property is located at 725 Crescent St NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: - Prime location: short walk to restaurants, shopping, and Medical Mile.; - Two units, each renting for $1,400/month plus $50 for gas heat.; - Main floor unit ideal for owner-occupancy.
More about this property
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