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About This Home

This 4-bedroom, 0-bathroom residential multi family at 40 Lexington Avenue NW in Grand Rapids, MI is listed for $1,395,000. Built in 1927, on a 0.20 acres lot.

Agent Description

One of the most distinctive residential multi-family properties in the city, this meticulously renovated historic firehouse seamlessly blends character, charm, and modern opportunity. Originally home to GRFD Engine No. 8 in the early 1900s, the property's rich history is beautifully preserved through thoughtful design elements, including exposed brick, oversized arched windows, and even a firepole in the welcoming foyer.

Perfectly positioned just moments from the city's exciting new soccer stadium and amphitheater, the location adds another layer of appeal for both residents and investors alike. Beyond its architectural significance, this property stands out as a compelling investment, offering highly sought-after amenities such as five garage parking spaces, four

additional exterior spots, and multiple inviting outdoor areas--from a quaint upper deck off the primary unit to a private, well-manicured yard with patio. The building features three distinct units, with the potential to convert part of the expansive garage into a fourth.

The upper primary unit is a showpiece, complete with elevator access, two bedrooms, two full baths, in-unit laundry, and stunning historic details throughout. The lower one-bedroom unit boasts a recently renovated kitchen highlighted by a striking live-edge island, a full bath, and direct patio access.

Perched above, the charming "Hayloft" unit offers a cozy one-bedroom, one-bath layout with breathtaking floor-to-ceiling windows that flood the space with natural light. The one-bedroom units share a conveniently located laundry area within the garage, which doubles as a recreational space with a pickleball court--perfect for enthusiasts. Rarely does a property combine history, versatility, location, and income potential so effortlessly. Opportunities like this are hard to come by--schedule your private tour today.

Key Features

  • Built in 1927
  • 0.20 acre lot
  • 11 parking spaces

Property Details

4 full
11 spaces
1927

Amenities

A/C

Monthly Cost Estimate

$7,461/mo

20% down · 6.5% · 30 years

Principal$1,009
Interest$6,045
Insurance$407

Estimates only. Actual payments may vary.

Location

40 Lexington Avenue NW

Grand Rapids, MI 49504

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 40 Lexington Avenue NW is listed at $1,395,000. The estimated monthly payment is $6,045 based on 20% down at 6.5% interest.

Key features include: Built in 1927, 0.20 acre lot, 11 parking spaces.

This property is listed by Jason C VanAssen and can be reached at 6162934936 or vanassen@gmail.com.

JV

Jason C VanAssen

Agent at Weichert REALTORS Plat (Main)

(616) 293-4936

Listed by Weichert REALTORS Plat (Main) · View on Broker Site

MLS# 26019796· Source: listhub· Updated 28 days ago

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40 Lexington Avenue NW, Grand Rapids, MI 49504

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