1403 Turner Avenue NW, Grand Rapids, MI 49504 (MLS # 25012461)
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
|
|
|
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 |
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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
Information Deemed Reliable But Not Guaranteed.
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