$ 350,000
-
$350,000
Price -
6
Bed
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 652716681161 - 65143215115873
Fully rented 3-unit investment property generating $3,300/month in rental income in Grand Rapids! This is a great opportunity for investors looking for a turnkey income-producing property or a potential DSCR loan opportunity.This unique parcel includes both a duplex and a fully renovated single-family home. The single-family home was taken down to the studs in 2022 and features updated HVAC, central air, electrical, plumbing, windows, and stainless steel appliances. That unit is currently rented for $1,300/month.The duplex is also fully occupied and includes a 2-bedroom, 2-bath lower unit rented at $900/month and a 1-bedroom, 1-bath upper unit rented at $900/month. The duplex roof has recently been replaced(2026), adding additional value and peace of mind for the next owner.Whether you're looking to expand your rental portfolio, add a cash-flowing asset, or take advantage of Grand Rapids investment property demand, this is an opportunity you won't want to miss
Listing Highlights
Interior Details
- Bedrooms: 6
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement: Crawl
- Other: Laundry Facility,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 44x49x25x49x19x99
- Zoning: Residential
- Roof: Composition
- Others: Vinyl,Pub. Sidewalk
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Financial Details
- Tax Amount: $5,030
- Taxes w/Assessments: N/A
- Tax/Property ID: 411418451002
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1402 North Ave NE Grand Rapids, MI 49505
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