506 S Bridge Street, Grand Ledge, MI 48837
- $254,900
- Sold Price
- $254,900
- List Price
- $254,900
- Closing Date
- Jun 13, 2025
- Status
- CLOSED
- MLS#
- 287668
- Acres
- 0.21
- Year Built
- 1925
- Days on Market
- 0
Property Description
Great investment opportunity near downtown Grand Ledge! 3 unit rental property. Many new features include new kitchen and bathroom flooring and vanity in Unit 504.5. Newer appliances in Unit 506 and Unit 504. Brand new washer and dryer in Unit 504.5. Refinished both front and back decks. Fresh paint throughout. Tenant leases are month to month. Monthly rent for Unit 504.5 is $575; Unit 506 is $1000. Unit 504 is $850. Landlord is currently paying for water and all utilities for tenants. However, Unit 504 is paying their own electric bill. Unit 506 has gas meter and electric meter (completely separate from all others). Unit 504 has electric meter and gas meter; however, it has a furnace and water heater that is shared with Unit 504.5. Unit 504 is vacant now. The gas meter is on the account for Unit 504. Unit 504.5 has electric meter (tenant is paying). TENANT OCCUPIED. 48 HR NOTICE.
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Additional Information
- Exterior
- Vinyl Siding
- Basement
- Full
- Garage Description
- Attached, Driveway, Garage
- School District
- Grand Ledge
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Sewer
- Public Sewer
- Terms
- Cash, Conventional
Mortgage Calculator
Listing courtesy of Listing Agent: Gary R. Newton (gary@minewtonrealtygroup.com) from Listing Office: RE/MAX Real Estate Professionals.
Listing courtesy of Gary R. Newton from RE/MAX Real Estate Professionals
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