736 Cherry St SE, Grand Rapids, MI 49503

Rare opportunity to own a 6-unit apartment building in Cherry Hill historic district! Location can't be beaten, you're within walking distance to shops, restaurants and directly across from the newly renovated Cherry Park. There is coin-operated laundry (Property owned) in the basement. Value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense and raise rents to market rate, since many leases are month-month. This property has tons of updates and capital improvements. Common area hallways have been completely renovated, new furnaces and AC units have been added to the 2br units. In addition, many units have been re-drywalled, painted and updated. Don't miss this opportunity to own in the Cherry Hill district.