Introducing a prime investment opportunity in a bustling location! This multi 2-unit property features 2 bedrooms and 1 bathroom per unit and is currently undergoing a main floor renovation. Situated close to downtown and major hospitals, it's ideally positioned as a fantastic Airbnb option for traveling nurses and professionals. With modern updates and proximity to essential amenities, this property is set to attract high-quality tenants and guests alike. Don't miss your chance to own this versatile and lucrative asset!
Great TWO UNIT close to downtown Grand Rapids. Don't miss the opportunity to own in this up and coming neighborhood! Lower unit is a three bedroom with a large front porch. Upper unit is a one bedroom with separate entrance. Each unit has their own electric and gas meters. Schedule your showing today and make this your next investment property!
Whether you're an investor, a house-hacker, or a multi-generational family looking to be under one roof this is an opportunity not to be missed! Discover this rare chance to acquire a newly renovated duplex in thriving Creston Heights, with both units featuring 3 spacious bedrooms, an ample kitchen, and upscale finishes including LVP floors in all common spaces. Property comes with particular convenience for investors as both units are vacant, allowing new owners to set rents to current rates, projected at easily $1900 per unit. In addition, units come with separate utilities other than water, and immediate possession at closing. Schedule your showing now to take advantage of this unique opportunity. Seller is a licensed agent in the state of Michigan.
Great opportunity! 4 units that has been flawlessly maintained by retiring owner for over 40 years. Metal roof on front 7-8 years old, shingled portion being replaced approx Nov 8th. 2 newer furnaces- 3 years. 4 new water heaters. Lots of laminate flooring, building + units all show nice. Low current rents, however all units have leases up soon. Projected market rents of $4700. Unit 1 could be 2 br = $1,200, #2 1 br = $1,000, #3 1 br = $1,000, #4 could be 3 br = $1,500. Separate gas + electric. Parking lot recently repaved w/8 spots. Fenced back yard 195' lot. City compliance thru 7/29/25.
The median home value in Grand Rapids, MI is $247,900. This is lower than the county median home value of $281,000. The national median home value is $338,100. The average price of homes sold in Grand Rapids, MI is $247,900. Approximately 51.75% of Grand Rapids homes are owned, compared to 41.49% rented, while 6.76% are vacant. Grand Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grand Rapids real estate agent to arrange a tour today!
Grand Rapids, Michigan 49505 has a population of 197,858. Grand Rapids 49505 is less family-centric than the surrounding county with 31.07% of the households containing married families with children. The county average for households married with children is 33.51%.
The median household income in Grand Rapids, Michigan 49505 is $55,385. The median household income for the surrounding county is $69,786 compared to the national median of $69,021. The median age of people living in Grand Rapids 49505 is 31.5 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 37.3 inches per year, with 64.2 inches of snow per year.