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$249,900
Est. payment /mo
1,463 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,463 sqft
Price per Sqft $170
MLS Listing ID 65026020372
Year Built 1900
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Foundation MichiganBasement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Chris M Good of United Realty Services LLC
Nearby School & Business
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