831 Alexander Street SE, Grand Rapids, MI 49507 (MLS # 25010223)
Turnkey Duplex with Strong Rental History
Invest 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 & upgraded 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 lower unit is occupied by a long-term tenant who would love to stay, 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 this duplex offers great cash flow at an affordable price point.
Don't miss this turnkey investment opportunity. Schedule your showing today!
Owner is a licensed Realtor in the State of MI.
All/any offers to be held and reviewed Mon 24th March 9am
DAYS ON MARKET
|
1
|
LAST UPDATED
|
3/18/2025
|
YEAR BUILT
|
1905
|
COMMUNITY
|
Grand Rapids - G
|
COUNTY
|
Kent
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
None |
AREA |
Grand Rapids - G |
CONSTRUCTION |
Vinyl Siding |
HEAT |
Forced Air, Natural Gas |
LOT |
6534 sq ft |
LOT DIMENSIONS |
50X129 |
PARKING |
Concrete, Driveway |
TAXES |
1542 |
UTILITIES |
Natural Gas Available, Phone Available, Cable Available, Natural Gas Connected, Electricity Connected |
ZONING |
RESIDENTIAL |
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Listing provided by Berkshire Hathaway HomeServices Michigan Real Estate (South), Paul Leason
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 3/18/25 7:15 PM PDT
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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