Grand Rapids, MI 49507
MLS# 26040058
Excellent investment opportunity in Grand Rapids! This classic up/down duplex features two spacious 2-bed, 1-bath units, each showcasing original hardwood floors, beautiful oak trim and coving that highlight the home's timeless character. Modern vinyl double-pane windows and provide efficiency & functionality, whilst the vinyl siding is maintenance free. Both units are tenant occupied and currently rent for $1,130 & $1,095 per month, offering excellent upside potential with comparable 2-bedroom units renting for approximately $1,400 per month. The seller will install a brand-new roof after an accepted offer and prior to closing, providing added value and peace of mind. Conveniently located just 2 mins from the new MLK Community Center featuring a swimming pool, tennis courts, pickleball courts, basketball courts, and year-round community amenities, making this an attractive location for both current and future tenants. 2 mins from Wealthy St, 4 to Eastown, 10 to Downtown.
Listed by Paul Leason · Berkshire Hathaway HomeServices Michigan Real Estate (South)
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,441/mo
$57,000 down · $228,000 financed
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.
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