$ 370,000
-
$370,000
Price -
8
Bed -
0.14
Acre
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About the Listing 650008508186 - 65200014728297
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.
Listing Highlights
Interior Details
- Bedrooms: 8
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement: Michigan Basement
- Other: Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 48*131.16
- Zoning: Residential
- Roof:
- Others: Vinyl,Shingle Siding
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Financial Details
- Tax Amount: $3,579
- Taxes w/Assessments: N/A
- Tax/Property ID: 411313356009
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1246 Alpine Ave NW Grand Rapids, MI 49504
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