1340 Plainfield Avenue NE, Grand Rapids, MI 49505
- $315,000
- List Price
- $315,000
- Days on Market
- 2
- MLS#
- 26043692
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom. Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income. High-Demand Amenities: Features on-site laundry—a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways. Units 1,2, & common space available to tour anytime. Unit 3 only available after accepted offer. Please view photos which were just taken and floor plans.
Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $4,625
- Acres
- 0.14
- Basement
- Full
- Heating
- Forced Air, Wall Furnace
- Roofing
- Composition
- School District
- Grand Rapids
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 2
- Utilities
- Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Mitchell D Luban from Listing Office: Edison Brokers & Co LLC.
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