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Property profile

636 Livingston Ave NE Grand Rapids, MI 49503

FOR SALE
Residential income homes
Property ID
US43-4449076
4,966 SF 0.11 ac lot Built 1890
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Property summary

AI-generated overview

This exceptional 3-unit multifamily property, located at 636 Livingston Avenue NE in Grand Rapids, Michigan, presents a compelling investment opportunity. Built in 1890, this property boasts a total of 4,966 square feet situated on a 0.114-acre lot. The property comprises two side-by-side multi-level units in the front and a single unit at the rear. Recent updates include a new roof and windows, along with significant interior renovations to the individual units, ensuring strong rental income and potential for future appreciation. Its enviable location on Lookout Hill places it within convenient walking distance to both Lookout & Coit Parks, the Medical Mile, and the vibrant downtown area of Grand Rapids. This prime location offers unparalleled access to amenities and a strong rental market, making it an ideal investment for both seasoned investors and owner-occupants seeking a high-return property. The property's strong rental history and potential for increased rental income further enhance its attractiveness. The asking price for this exceptional property is $449,900. This is a rare opportunity to acquire a well-maintained, updated multifamily property in a highly desirable location. Don't miss out on this chance to add a valuable asset to your portfolio.

Property profile

Verified
Property type Residential income homes
Year built 1890
Total area 4,966 SF
Lot 0.11 ac (4,966 SF)
UPID US43-4449076

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

636 Livingston Ave NE Grand Rapids, MI 49503
Grand Rapids metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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