623 Lane Avenue NW Unit: 625

  • $319,000

623 Lane Avenue NW Unit: 625

  • $319,000

Overview

  • Multi Family
  • Type

Description

Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor’s portfolio with proven rental history and multiple income streams. Whether you’re a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.

Nearby School

  • High School District GrandRapids

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Contact Information

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Sunil Paingol

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