831 Alexander Street Se

Grand Rapids, Michigan 49507

  • 6 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.15
    Acre(Lot)
$180,000

Description

Turnkey duplex with strong rental historyinvest in this cash-flowing duplex in grand rapids, offering a fantastic opportunity for both seasoned & first-time investors. the 3 bed 1 bath upper unit has been completely remodeled and is move-in ready, featuring a brand-new kitchen, fresh paint, new carpet & lvt kitchen flooring. a new refrigerator & range complete the modern updates, making it an attractive option for tenants. market rent for the unit is $1,200/mo. (section 8 limit is $1963!)the 3/1 lower unit is occupied by a long-term tenant, $900/mo, m2m, providing immediate stability for your investment. this property boasts newer mechanicals and a strong rental history, ensuring peace of mind for the next owner. with a potential gross rental income upwards of $2400/mo this duplex offers great cash flow at an affordable price point.

don't miss this turnkey investment opportunity. schedule your showing today!
owner is a licensed realtor in the state of mi.
all/any offers to be held and reviewed mon 24th march 9am

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    48993823

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Property Details

  • Interior Features

    • Roof : Composition

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

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

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.15
    • Dimensions: 50X129

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $180,000

    Listing Information

    • Legal Description: LOT 9 BLK 5* WINSOR ADDITION

  • Tax Information

    • Annual Tax: $1,542
    • Parcel Number: 411432308020

    Legal Information

    • Legal Description: Section: LOT 9 BLK 5* WINSOR ADDITION

  • Parking Information

    • Parking: 4

    Unit 3 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/04/2025 @ 20:21

  • MLS: 624273359
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 6 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.