59-61 Grand Avenue NE, Grand Rapids, MI 49503

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List Price
$550,000
Days on Market
1
MLS#
26049319
Status
ACTIVE
Type
Multifamily

Property Description

Now offering the perfect addition to your investment portfolio! 59-61 Grand is a large side-by-side, fully occupied duplex in the heart of Grand Rapids. Each 3 bed 1.5 bath unit is complete with beautiful original hardwoods, high ceilings, updated kitchens & bathrooms. Large front porch and back deck provide additional living & entertainment space. The property has been well-cared for and is ready for new owners. The combination of location, convenient layout and side-by-side setup makes this a gem for renters & owners alike. Walking distance to local restaurants, bars, shops, and all that the vibrant Heritage Hill neighborhood has to offer. This property offers an exceptional opportunity for an investor due to the long-term leases already in place for both units.

Additional Information

Owner Pays
None
Taxes
$13,497
Acres
0.11
Basement
Full, Michigan Basement
Heating
Forced Air
School District
Grand Rapids
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
4
Utilities
Natural Gas Connected, Natural Gas Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ryan Ogle from Listing Office: EXP Realty (Grand Rapids).

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