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About This Home

This 5-bedroom, 0-bathroom residential multi family at 556 Lafayette Avenue SE in Grand Rapids, MI is listed for $450,000. Built in 1890, on a 0.17 acres lot.

Agent Description

Heritage Hill character with real flexibility. This home works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy.

Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites.

The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. This home gives you flexibility without overcomplicating the path forward.

Key Features

  • Built in 1890
  • 0.17 acre lot
  • 5 parking spaces

Property Details

2 full
5 spaces
1890

Amenities

A/C

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

556 Lafayette Avenue SE

Grand Rapids, MI 49503

Property Details

Construction

Wood Siding

Parking

Driveway

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 556 Lafayette Avenue SE is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.17 acre lot, 5 parking spaces.

This property is listed by Matthew Luce and can be reached at 6162198665 or matthewluce.sdp@gmail.com.

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ML

Matthew Luce

Agent at Real5

(616) 219-8665

Listed by Real5 · View on Broker Site

MLS# 26017314· Source: listhub· Updated 1 days ago

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556 Lafayette Avenue SE, Grand Rapids, MI 49503

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