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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 247,000

Est. payment | -/mo

5,662 Sqft Lot

Save

$ 247,000

Est. payment | -/mo

Save

5,662 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026034576

Year Built 1900

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type MultiFamily

Property Description

Turnkey investment opportunity in the highly desirable Creston neighborhood of NE Grand Rapids! This city certified duplex is fully occupied and generates $2,325 per month in gross rental income. The main level unit offers 2 bedrooms, 1 bathroom, spacious living and dining areas, a partial basement, a large fenced backyard, storage shed, and exclusive use of the driveway and backyard. The upper unit features 1 bedroom and 1 bathroom. The property includes separate electric meters, a 60/40 gas, water, and sewer utility split, and city certification through January 2028. Unit 1 rents for $1,425 per month, and Unit 2 rents for $900 per month. Conveniently located just minutes from downtown Grand Rapids, shopping, restaurants, parks, and major highways, this is an excellent opportunity to add a cash flowing property to your investment portfolio.

Location

State MI

County Kent

Area Area41142Grandrapids

Interior

Heating Forced Air, Natural Gas, Wall Furnace

Cooling Window Unit(s)

Fireplace No

Laundry InUnit

Exterior

Parking Features Paved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Foundation MichiganBasement

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition Standard

Listed by Abisai Munoz of City2Shore Real Estate (GR)

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

Learn More About LPT Realty

238 Travis ST NE City Of Grand Rapids, MI 49505