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MULTI_FAMILY - Grand Rapids, MI
Great investment opportunity just a short walk to the Wealthy Street Corridor and Eastown. This 2-unit property features large main floor one bedroom, one bathroom with spacious floor plan, large kitchen, formal dining, 3 season porch and two entrances. This unit rents for $1245 which is below market. Upper unit with two bedrooms and one full bathrooms, large kitchen, formal dining, tons of storage in attic, two entrances and current use of 2-stall garage. Additionally, there is a non-conforming studio apartment in the lower level generating an extra $700 a month in income (below market). This is truly a great set up for an owner occupant that can live in the home and collect rent from two additional units. Shared laundry in basement. Split utilities for unit 1 and 2. Newer windows, 10 year roof on home, 3 year roof on garage, furnaces are both 12 years old, newer hot water heaters, and ...
Great investment opportunity just a short walk to the Wealthy Street Corridor and Eastown. This 2-unit property features large main floor one bedroom, one bathroom with spacious floor plan, large kitchen, formal dining, 3 season porch and two entrances. This unit rents for $1245 which is below market. Upper unit with two bedrooms and one full bathrooms, large kitchen, formal dining, tons of storage in attic, two entrances and current use of 2-stall garage. Additionally, there is a non-conforming studio apartment in the lower level generating an extra $700 a month in income (below market). This is truly a great set up for an owner occupant that can live in the home and collect rent from two additional units. Shared laundry in basement. Split utilities for unit 1 and 2. Newer windows, 10 year roof on home, 3 year roof on garage, furnaces are both 12 years old, newer hot water heaters, and city certified. Current rents are all below market value. Set up your showing today!
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