Grand Rapids, MI 49507
MLS# 26038725
Investment Opportunity: Spacious Duplex Near Downtown Grand Rapids. Located just 2 miles from downtown Grand Rapids in the Southeast neighborhood, this well maintained, professionally managed duplex offers a turnkey opportunity for investors. The property sits within a designated improvement district, a signal of ongoing neighborhood investment and long term value growth in the area. Current leases are in place through 5/31/2027, giving a new owner immediate, stable cash flow with no lease-up period and a smooth transition. Each unit has its own distinct entrance, with the lower unit offering both front and back access for added convenience and tenant appeal. Separate utility meters for each unit, simplifying billing and reducing owner overhead Recently updated appliances in place, reducing near term capital expenditures.
Listed by Angela J Worth · Bellabay Realty (North)
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,390/mo
$54,980 down · $219,920 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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