420-422 West Street Pending Save Request In-Person Tour Request Virtual Tour
Grand Ledge,MI 48837
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 25040930
Year Built 1975
Annual Tax Amount $4,848
Tax Year 2025
Lot Size 7,971 Sqft
Property Sub-Type 2 to 4 Units
Property 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. 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.
Location
State MI
County Eaton
Area Eaton County - E
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplaces Number 1
Laundry In Unit,Laundry Room
Exterior
Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Ledge
Others
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional