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$315,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026042168
Year Built 1885
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Grand Rapids Two-Unit - Long-Term Tenants in Place Solid, low-maintenance investment opportunity in Grand Rapids. This vinyl-sided two-unit offers upper and lower apartments, each with 3 bedrooms and 1 bath. Utilities are split between units for easy management. Both units feature long-term, stable tenants. Convenient alley access leads to a detached garage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units, with additional storage available in the garage. This property just passed the Grand Rapids rental certification. A great addition to any workforce housing portfolio, offering proven occupancy history and dependable, established tenants who know and maintain the property. Lease terms: one unit runs through 10/31/26, the other through 4/31/27.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Partial
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No
Laundry InBasement
Exterior
Parking Features None
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Foundation MichiganBasement
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Contract, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Contract, Conventional, FHA, MSHDA, VaLoan
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Listed by Lewis Smalligan of Tall Tree Realty and Property Management LLC
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