Turnkey investment opportunity in the highly desirable Creston neighborhood of NE Grand Rapids! This city certified duplex is fully occupied and generates $2,325 per month in gross rental income. The main level unit offers 2 bedrooms, 1 bathroom, spacious living and dining areas, a partial basement, a large fenced backyard, storage shed, and exclusive use of the driveway and backyard. The upper unit features 1 bedroom and 1 bathroom. The property includes separate electric meters, a 60/40 gas, water, and sewer utility split, and city certification through January 2028. Unit 1 rents for $1,425 per month, and Unit 2 rents for $900 per month. Conveniently located just minutes from downtown Grand Rapids, shopping, restaurants, parks, and major highways, this is an excellent opportunity to add a cash flowing property to your investment portfolio.
6 days
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415
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18
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Zillow last checked:
Listing updated:
Listed by:
Abisai Munoz616-685-9742,
City2Shore Real Estate (GR)616-325-1310
Source: MichRIC,MLS#: 26034576
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Heating
Forced Air, Wall Furnace
Cooling
Window Unit(s)
Appliances
Laundry: In Unit
Features
Basement: Michigan Basement
Interior area
Total interior livable area: 1,532 sqft
Property
Parking
Total spaces: 2
Parking features: Paved
Lot
Size: 5,662 Square Feet
Features: Sidewalk
Details
Parcel number: 411418179007
Zoning description: Res
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Vinyl Siding
Roof: Composition
Condition
New construction: No
Year built: 1900
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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