Overview
- Multi Family
Description
Fantastic investment opportunity on the NW side of Grand Rapids producing $3,120/month in gross rental income. This duplex features two 2-bedroom, 1-bath units totaling approximately 1,460 square feet and offers stable cash flow with demonstrated rental performance throughout 2024 and 2025.The lower unit features a traditional layout with separate gas forced-air heat and tenant-paid gas and electric, while the upper unit is configured for per-bedroom rental with landlord-paid utilities. Major capital improvements include a roof replacement approximately 10 years ago.Conveniently located near downtown Grand Rapids, shopping, restaurants, parks, and major commuter routes. Solid opportunity for investors seeking a stabilized asset with immediate cash flow in a high-demand rental market.
Nearby School
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High School District GrandRapids
Mortgage Calculator
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