1403 Turner Avenue Nw

Grand Rapids, Michigan 49504

  • 2 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.06
    Acre(Lot)
$230,000

Description

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 sewer--making 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!

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    49149893

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Property Details

  • Interior Features

    • Laundry Facility
    • Roof : Composition

    Heating & Cooling

    • Heating: Baseboard,Forced Air
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1905
    • Total Units: 2
    • Roof: Composition
    • Foundation/Basement: Michigan Basement

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.06
    • Dimensions: 33 x 75

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $249,900

    Listing Information

    • Legal Description: E 75 FT OF N 33 FT OF LOT 146* LEONARD & CO S ADDITION

  • Tax Information

    • Annual Tax: $1,435
    • Parcel Number: 411313402013

    Legal Information

    • Legal Description: Section: E 75 FT OF N 33 FT OF LOT 146* LEONARD & CO S ADDITION

  • Multi-Unit Information

    • Road Frontage: Paved,Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 04/05/2025 @ 00:20

  • MLS: 624707893
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 2 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.