420-422 West Street, Grand Ledge, MI 48837
Local realty services provided by:ERA Reardon Realty
420-422 West Street,Grand Ledge, MI 48837
$240,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:catherine r gasper
Office:evenboer walton, realtors
MLS#:25040930
Source:MI_GRAR
Price summary
- Price:$240,000
About this home
Buyers, do you want help making your mortgage payment? Or, looking for a home for 2 generation living? How about this duplex?! Live in one & rent the other or families can live together but still have their own space. There's nothing like having a tenant or family member help YOU build equity! Taxes will be lower too since you can claim 50% PRE if you live in one & rent the other (currently at 0% PRE). Your taxes could be lower with a tenant (currently $677 less), AND, if 2 generations bought it together (both on the Deed) you could be at 100% PRE & save double (verify with your loan officer) Why rent when you can buy & then keep as an investment when you want to move on. For investors, this has had consistent tenants and hasn't been hard to rent. We kept 1 unit vacant on purpose. Each unit is 2 beds, 1 bath & fireplace. All appliances are included. The property has one gas meter (Consumers Energy). The gas is paid by the landlord and included in the tenant's lease. Each unit has its own electric meter (Consumers Energy). Paid by tenant. The units have electric baseboard heat. The property has one water/sewer meter (City of Grand Ledge). The gas is paid by the landlord. The tenants are billed a flat fee of $80/month to offset the water/sewer expenses. Tenants are responsible for their own trash/recycling. The property does have one water softener (rented through Culligan - $27/month). Salt delivery set up on auto delivery. Management company is great and would Seller would recommend them.
Contact an agent
Home facts
- Year built:1975
- Listing ID #:25040930
- Added:48 day(s) ago
- Updated:October 01, 2025 at 07:32 AM
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1975
- Lot area:0.18 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$240,000
- Tax amount:$4,848 (2025)
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