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Listing Courtesy Of:
Berkshire Hathaway HomeServices Michigan Real Estate (South), (616) 554-7277, Paul Leason
Local Realty Services Provided By:
KW Northern Michigan
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831 Alexander, Grand Rapids, MI 49507
831 Alexander, Grand Rapids, MI 49507
Estimation provided by Keller Williams Realty Inc.
Pending
For Sale
Property 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
Property Details
Compare This Home
Overview
Property Type
Multi-Family
Property Size
Price/Living Area
Year Built
1905
Days on Site
8 Days
HVAC
Forced Air
Parking
No
Westdale Group at Keller Williams Grand Rapids
Keller Williams Grand Rapids
6501382300
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$180,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/18/2025
Listed
(+1,233.33% )
01/11/2013
Sold
(+36.36% )
10/30/2009
Sold
(+34.69% )
05/08/2009
Sold
(-86.54% )
04/30/2008
Sold
(-24.15% )
01/31/2003
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2021
(+3.46% )
No Breakdown Available
2020
(-2.33% )
No Breakdown Available
2019
(+3.15% )
No Breakdown Available
2018
(+2.51% )
No Breakdown Available
2017
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Oakdale
Car-Dependent
Walkable
Very Walkable
Westdale Group at Keller Williams Grand Rapids
Keller Williams Grand Rapids
6501382300
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