$214,900

1403 Turner Avenue Nw , Grand Rapids, MI 49504

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):0 sqft
Lot:0.06
Year Built:1905
Listing Status:Active

Listing Agent

April Moayyer
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Property beats the 1% Rule! Excellent opportunity to own a two-unit residential rental property in the heart of downtown Grand Rapids. $2300/mo rents. Each unit features 1 bedroom, 1 bath, with long-term tenants already in place. All utilities are split, with tenants covering electricity, gas, and trash, while the owner pays for water and sewer—making for a low-maintenance investment. The upstairs unit has been updated with granite countertops, a stainless steel refrigerator and stove, adding value and appeal. The lower unit includes a basement laundry hookup, offering additional convenience for tenants. With strong rental demand in this prime location, there is significant potential to improve rent over time, increasing cash flow and long-term returns. Don't miss this solid investment opportunity in a growing market! Back on market due to buyer financing.

Detailed Items

Other Information

1403 Turner Avenue Nw, Grand Rapids, MI, 49504 is a (none specified) listing of 0 sqft on a lot of 0.06. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1403 Turner Avenue Nw, Grand Rapids, MI
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