$483,380
$499,900
3.3%For more information regarding the value of a property, please contact us for a free consultation.
1215 Lake SE Drive Grand Rapids, MI 49506
2 Baths
6,447 Sqft Lot
Key Details
Sold Price $483,380
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 26045423
Sold Date 10/23/26
Year Built 1910
Annual Tax Amount $5,880
Tax Year 2026
Lot Size 6,447 Sqft
Acres 0.15
Lot Dimensions 75*75.66*75*95
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Welcome to 1211-1215 Lake Dr! A rare opportunity for investors and owner-occupants in one of Grand Rapids' most walkable and desirable neighborhoods! This character-filled two-unit property combines immediate rental income, a vacant unit ready for occupancy and exciting future expansion potential. The vacant upper unit features two bedrooms, one full bath, beautiful hardwood floors, abundant natural light and spacious living and dining areas. It also enjoys its own private covered front porch and rear deck. Above the unit, an expansive 996-square-foot unfinished attic presents remarkable potential for additional living space, subject to necessary approvals. The occupied lower unit offers two bedrooms and one full bath, hardwood floors, generously sized living areas and a functional kitchen. It also has direct access to a private deck and fully fenced backyard, creating a valuable outdoor retreat. The lower unit is currently rented for $1,655 per month on a month-to-month basis. Additional features include off-street parking and a shared basement with laundry and storage space. Located within easy walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops and neighborhood amenities. Live in the vacant upper unit while collecting rent below, lease both units, or explore the property's long-term potential—this is a flexible opportunity in a location tenants and homeowners love. The lower unit is currently rented for $1,655 per month on a month-to-month basis. Additional features include off-street parking and a shared basement with laundry and storage space. Located within easy walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops and neighborhood amenities. Live in the vacant upper unit while collecting rent below, lease both units, or explore the property's long-term potential—this is a flexible opportunity in a location tenants and homeowners love.
Location
State MI
County Kent
Direction East on Lake Dr from Fuller, North on Auburn. Property on NW corner of Auburn/Lake
Rooms
Basement Daylight, Full
Interior
Heating Hot Water, Radiant, Steam
Cooling Ductless, Window Unit(s)
Laundry Common Area, In Basement, Sink, Washer Hookup
Exterior
Parking Features Asphalt, Driveway
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 3
Building
Lot Description Sidewalk, Corner Lot
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-29-404-027
Acceptable Financing VA Loan, Cash, Conventional
Listing Terms VA Loan, Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with 616 Realty LLC






