USAMIGrand Ledge420-422 West St
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$240,000

422 - 420-422 West St, Grand Ledge, MI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $4,848
Days Active 1
Lot Size 
Approx. Age 1975
MLS® Number 66025040930

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Buyers, do you want help making your mortgage payment? Or, looking for a home for 2 generation living? How about this duplex?! Live in one & rent the other or families can live together but still have their own space. There's nothing like having a tenant or family member help YOU build equity! Taxes will be lower too since you can claim 50% PRE if you live in one & rent the other (currently at 0% PRE). Your taxes could be lower with a tenant (currently $677 less), AND, if 2 generations bought it together (both on the Deed) you could be at 100% PRE & save double (verify with your loan officer) Why rent when you can buy & then keep as an investment when you want to move on. For investors, this has had consistent tenants and hasn't been hard to rent. We kept 1 unit vacant on purpose.Each unit is 2 beds, 1 bath & fireplace. All appliances are included. The property has one gas meter (Consumers Energy). The gas is paid by the landlord and included in the tenant's lease. Each unit has its own electric meter (Consumers Energy). Paid by tenant. The units have electric baseboard heat. The property has one water/sewer meter (City of Grand Ledge). The gas is paid by the landlord. The tenants are billed a flat fee of $80/month to offset the water/sewer expenses. Tenants are responsible for their own trash/recycling. The property does have one water softener (rented through Culligan - $27/month). Salt delivery set up on auto delivery. Management company is great and would Seller would recommend them.Show Description
MLS® Number66025040930
Laundry LevelIn Unit, Laundry Room
Central VacNo
FireplaceNo
Acreage0.18
Exterior
GarageYes
Approx. Age1975
BasementDaylight, Full
DrivewayGarage
Garage Spaces
HeatBaseboard, Electric
A/CWall Units
Heating Fuel

Extras

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