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522 Michigan Street Ne NE

Grand Rapids, Michigan 49503
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Bed 12

Bed

Bath 0

Bath

Acres0.26

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Multifamily

Price : $1,095,000

AD Id : 89510640

MLS Id : 65026042669

Beds : 12

Lot Size : 0.26 Acre

Year Built : 1890

County : Kent

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Feature Features

  • Interior Features

    Cable Available
  • Heating & Cooling

    Heating: Radiant Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1890 Total Units: 8
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.26 Lot Dimensions: 75 x 185 Frontage Feet: 75
  • Property Information

    Financing: Cash,Other

  • Listing Price Information

    Original List Price: $1,095,000
  • Listing Information

    Possession: At Close Legal Description: LOT 898* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT AND LOT 892* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT

  • Tax Information

    Annual Tax: $6,795 Parcel Number: 411430202008
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: LOT 898* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT AND LOT 892* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT

  • Parking Information

    Parking: 12
  • Multi-Unit Information

    Road Frontage: Paved,Pub. Sidewalk
  • Unit 1 Information

    # of Bedrooms: 4
  • Unit 2 Information

    # of Bedrooms: 1
  • Unit 3 Information

    # of Bedrooms: 2

  • School Information

    School District: Grand Rapids
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 08/17/2026 @ 14:50

MLS: 65026042669 LISTED BY: Vito (Jr.) E Dolci , Five Star Real Estate (Walker) 616-791-1010 SOURCE: Realcomp II Ltd

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