522 Michigan NE Street, Grand Rapids, MI 49503
522 Michigan NE Street, Grand Rapids, MI 49503
522 Michigan NE Street, Grand Rapids, MI 49503
522 Michigan NE Street, Grand Rapids, MI 49503
522 Michigan NE Street, Grand Rapids, MI 49503
522 Michigan NE Street, Grand Rapids, MI 49503
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Shyanne Queen

Shyanne Queen

+1(616) 610-2005
$ 1,095,000
Est. payment | /mo

7,797 Sqft Lot

Save
$ 1,095,000
Est. payment | /mo
Save

7,797 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26042669

Year Built 1890

Annual Tax Amount $6,795

Tax Year 2026

Lot Size 7,797 Sqft

Acres 0.26

Lot Dimensions 75 x 185

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL. 8 Unit Income-producing Grand Rapids investment opportunity featuring TWO well-maintained multi-unit buildings in a prime location. Just 1 block from GVSU, 3 blocks from Corewell Health, near the Grand Rapids Medical Mile, with easy highway access and walking distance to countless conveniences. Together, the properties currently generate $8,950/month with additional rent growth potential. The 6-unit building offers on-site parking for 10 cars, an on-demand water heater and a 6-year City of Grand Rapids rental certification. Landlord pays all utilities. Long-term tenants reflect an owner who values and cares for residents. Units include 2BR, 1BR, studio/1BR loft, studio, 1BR and 1BR. The second building at 526 Michigan St. features two 3BR units, updated PEX plumbing and two electrical panels. One tenant has been in place for over 30 years. Excellent opportunity for established cash flow and upside potential.

Location

State MI

County Kent

Rooms

Basement Full

Interior

Heating Radiant

Cooling None

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Street Surface Paved

Total Parking Spaces 12

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding,Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-30-202-008

Acceptable Financing Cash

Listing Terms Cash

Listed by Five Star Real Estate (Walker)

GET MORE INFORMATION

Shyanne Queen
Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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522 Michigan NE Street