Grand Rapids, MI 49504
MLS# 26028898
An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.
Listed by Kyle P Naumann · Edison Brokers & Co LLC
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,871/mo
$74,000 down · $296,000 financed
Loading similar listings…
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
48 photosActive3135 Hoehn Street NW, Grand Rapids, MI 49504
Grand Rapids, MI 49504
5 bd · 2 ba · 2,079 sqft
27 photosActive4306-4308 Dawes Court SE, Grand Rapids, MI 49508
Grand Rapids, MI 49508
— bd · 2 ba · —
46 photosActive1745 Willis Avenue NW, Grand Rapids, MI 49504
Grand Rapids, MI 49504
2 bd · 1 ba · 1,414 sqft