Great investment opportunity on the outskirts of Heritage Hill. 9% cap rate. Easy to rent as it is conveniently located close to popular restaurants, shopping, and downtown Grand Rapids. This 2 unit brings in $2000/month in rent. Unit 1 rents for $1100/month and is leased until 8/31/2016. Unit 2 currently pays $900/month and is leased until 8/1/2016. Each unit is 3 bedroom 1 bathroom with split utilities. The home has lots of recent updates including new roof(2014), freshly painted exterior(2015), water heaters(2014), flooring in both units(2014), appliances in both units(2014), and furnace in unit 1(2014). Check this one out today. Seller is a licensed realtor in the State of Michigan.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
