Descripción
1403 Turner Avenue NW,
Grand Rapids,
MI
49504
Excellent opportunity to own a two-unit residential rental property in the heart of downtown Grand Rapids. Each unit features 1 bedroom, 1 bath, with long-term tenants already in place. All utilities are split, with tenants covering electricity, gas, and trash, while the owner pays for water and sewermaking for a low-maintenance investment. The upstairs unit has been updated with granite countertops, a stainless steel refrigerator and stove, adding value and appeal. The lower unit includes a basement laundry hookup, offering additional convenience for tenants. With strong rental demand in this prime location, there is significant potential to improve rents over time, increasing cash flow and long-term returns. Don't miss this solid investment opportunity in a growing market!
This is an Active listing.
Broker Office Phone Number: 616-350-3429
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Listing By: Moayyer Real Estate via Data Source: Michigan Regional Information Center, LLC.
Price History
| date | price | variance | type |
|---|
| 3/30/2025 | $230,000 | - | Listado |