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
148 days
|
513
|
33
|
Zillow last checked:
Listing updated:
Listed by:
Anthony Hernandez616-295-6229,
Five Star Real Estate (Grandv)616-257-1500
Source: MichRIC,MLS#: 26010097
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Heating
Forced Air
Appliances
Laundry: Laundry Room
Features
Basement: Crawl Space,Full
Interior area
Total interior livable area: 2,300 sqft
Property
Lot
Dimensions: 44 x 49 x 25 x 49 x 19 x 99
Features: Sidewalk
Details
Parcel number: 411418451002
Zoning description: Res improved
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Vinyl Siding
Roof: Composition
Condition
New construction: No
Year built: 1890
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected