1403 Turner Avenue NW, Grand Rapids, MI 49504 (MLS # 25012461)

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PRICE $249,900 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 2,614 sqft

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!

DAYS ON MARKET 2 LAST UPDATED 3/30/2025
YEAR BUILT 1905 COMMUNITY Grand Rapids - G
COUNTY Kent STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA Grand Rapids - G
CONSTRUCTION Vinyl Siding
FIREPLACE Yes
HEAT Baseboard, Forced Air
LOT 2614 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 33 x 75
SEWER Public Sewer
TAXES 1435
UTILITIES Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
ZONING RMNW2_RES MULTI
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Moayyer Real Estate, April Moayyer

Copyright 2025 MichRIC, LLC. All rights reserved.

Updated 4/1/25 9:28 AM PDT

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