1403 Turner Avenue NW Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025012461
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1905
Annual Tax Amount $1,435
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 33 x 75
Property 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!
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Direction Webster to Turner and turn south
Interior
Interior Features Laundry Facility
Heating Baseboard,Forced Air
Fireplace no
Heat Source Electric
Laundry 1
Exterior
Roof Type Composition
Road Frontage Paved,Pub. Sidewalk
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411313402013
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional