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$240,000

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7,971 Sqft Lot

Pending

420-422 West Street Grand Ledge, MI 48837

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Motus Real Estate

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality Grand Ledge

MLS Listing ID 25040930

Year Built 1975

Annual Tax Amount $4,848

Tax Year 2025

Lot Size 7,971 Sqft

Acres 0.18

Lot Dimensions 80.5 x 99

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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

Direction Clinton to McMillan to West

Rooms

Basement Daylight, Full

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

Total Parking Spaces 4

Building

Lot Description Corner Lot

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Ledge

Others

Tax ID 40007800358000

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Listed by Evenboer Walton, REALTORS

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420-422 West Street Grand Ledge, MI 48837

Motus Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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420-422 West Street