$ 355,000
-
$355,000
Price -
5
Bed -
0.11
Acre
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About the Listing 650010200903 - 65200003810610
Lender has confirmed the FHA mortgage is assumable with an approved buyer. The current loan is at 2.75% with a balance of $199,000 as of 8/6/26. All this makes this property an incredible investment or house-hacking opportunity in Grand Rapids, positioned just minutes from vibrant downtown and the Medical Mile. The vacant lower unit is completely refreshed and move-in ready, offering maximum flexibility for an owner-occupant or an investor aiming to set top market rent. Step inside to discover a spacious, beautifully updated layout featuring a stylish kitchen, a large living room designed for relaxation, two comfortable bedrooms, and a full bathroom. The upper unit is occupied, providing immediate rental income from day one to jumpstart your investment journey with three bedrooms and a full bath. Complete with a detached two-stall garage, this versatile property blends turn-key convenience, cash-flow potential, and a location close to city dining, shopping, and major healthcare hubs.
Listing Highlights
Interior Details
- Bedrooms: 5
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement: Michigan Basement
- Other: Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 26
- Lot Dimensions: 38 x 128
- Zoning: Residential
- Roof: Composition
- Others: Paved
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street
- Parking Features: Garage
Financial Details
- Tax Amount: $5,954
- Taxes w/Assessments: N/A
- Tax/Property ID: 411419355005
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
541 Coit Ave NE Grand Rapids, MI 49503
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