956 Hovey_001
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956 Hovey Street Sw SW

Grand Rapids, Michigan 49504
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Bed 4

Bed

Bath 0

Bath

Acres0.13

Acre(Lot)

INVESTORS--THIS ONE IS READY TO GO! This fully rented Grand Rapids duplex offers immediate income with both units currently occupied and a City of Grand Rapids Rental Certificate valid through December 2030. But the opportunity may not stop there! The property previously had a detached garage and is zoned TN-LDR, creating an exciting opportunity to explore the potential for a future garage with an Accessory Dwelling Unit (ADU) or other permitted configuration. Two existing rental units today with the possibility of exploring additional living or rental space tomorrow! Any future ADU, garage, additional dwelling, or development is not guaranteed and is subject to City of Grand Rapids and other required approvals. Buyer and buyer's agent to verify all information, zoning, permitted uses, requirements, and approvals and complete their own due diligence regarding any intended future use. Conveniently located near downtown Grand Rapids, shopping, restaurants, and area amenities. WhetherBoth units are currently tenant occupied with a combined monthly rental income of $2,470. Unit 1: $1,150/month with lease in place through October 2027. Unit 2: $1,320/month with lease in place through May 1, 2027.

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Detail Ic Property Details

Property Type : Multifamily

Price : $275,500

AD Id : 91667080

MLS Id : 65026052856

Beds : 4

Lot Size : 0.13 Acre

Tax Amount : $2,286

Year Built : 1941

Garage : Paved

County : Kent

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Feature Features

  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1941 Total Units: 2
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.13 Lot Dimensions: 66x92 Frontage Feet: 66
  • Property Information

    Financing: Cash,Conventional,FHA

  • Listing Price Information

    Original List Price: $275,500
  • Listing Information

    Possession: At Close Legal Description: N 92 FT OF LOT 4 BLK 29* SHEPARD S ADDITION

  • Tax Information

    Annual Tax: $2,286 Parcel Number: 411326430001
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: N 92 FT OF LOT 4 BLK 29* SHEPARD S ADDITION

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Grand Rapids
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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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 10/05/2026 @ 12:33

MLS: 65026052856 LISTED BY: Danielle R DeSmit , Apex Realty Group 616-277-1463 SOURCE: Realcomp II Ltd

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