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556 Lafayette Ave SE, Grand Rapids, MI, 49503

5beds
2baths
2,638sqft
$450,000
$171price/sqft
$3,149/moest. monthly cost
$125,960/yrincome needed

About This Home

Heritage Hill character with real flexibility. This duplex works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy. Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites. The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. 2.625% Loan Assumption available for remaining $261,000 owed by 2050.

Getting Around

86
WalkingVery Walkable
54
TransitGood Transit
66
BikeBikeable

Construction

Condition

  • Year built: 1890

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Gas Dryer Hookup,In Basement,In Unit,Sink,Upper Level

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Pantry
  • Window features: Storms,Screens
  • Flooring: Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,638
  • Total interior livable area: 2,638 sqft

Property

Details

  • Parcel number: 411431134012
  • Zoning description: RMHH2

Features

  • Stories: 2
  • Exterior features: Other
  • Fencing: Front Yard

Lot

  • Lot size: 7,405 sqft
  • Features: Level,Sidewalk,Shrubs/Hedges
  • Lot size dimensions: 50 x 145