831 Alexander Street SE, Grand Rapids, MI 49507 (MLS # 25010223)

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PRICE $180,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 6,534 sqft

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


ADDITIONAL DETAILS
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
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 831 ALEXANDER STREET SE
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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

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