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TEDROS FREMICHAEL HOMES GR
POWERED BY GRAND RIVER REALTY
330 Fuller Ave NE, Grand Rapids, MI 49503 | (616) 821-8491
Bedrooms:
Bathrooms:
0
Square Feet:
Type:
2 to 4 Units
County:
Kent
School District:
Lowell
Year Built:
1864
Listing Type:
Multi Family
City:
Multi Family
524 E Main Street, Lowell, MI 49331
$385,000
Description
Sold Before Broadcast. Rare investor opportunity! This unique home is currently configured as a 2-unit rental property: 2-BR unit (1,498 sf) and 1-BR unit (724 sf). Also, there is unfinished attic space (approx. 800 sf) that may offer a 3rd rental unit. Included is a small commercial building (346 sf) on the corner of E. Main Street, offering another income-producing opportunity. The parcel totals nearly 1 acre and is zoned Mixed-Use, allowing for a flexible combination of Commercial, Retail, Office, and Multi-Family use. It boasts 528' of public street frontage on 3 sides, with zoning density potential to add new units. There is also a 644 sf storage building. All appliances, furnishings, and personal property to remain with the property.
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