37 Rose Street SW, Grand Rapids, MI 49507 (MLS # 25029161)
Welcome to 37 Rose St SW "” a smart investment with real upside. This cash-flowing duplex is currently generating $2,000/+ month in rental income with two 2-bed/1-bath units. Utilities are separately metered for gas and electric, with tenants paying their own usage.
Recent improvements include a new roof (2024), newer appliances, and a City of Grand Rapids rental certification valid through 2028, definitely turnkey.
Zoned multi-family with ADU potential and located in Roosevelt Park, a fast-growing neighborhood with infrastructure upgrades, improved transit, and new development "” a smart long-term hold in a rising Grand Rapids corridor. Welcome to 37 Rose St SW (1&2) a high-potential property in one of the city's fastest-growing neighborhoods. Currently generating $2,700/month in rental income, this home is a turnkey investment opportunity with room to grow. The generous lot and favorable zoning support both multi-family development and ADU (Accessory Dwelling Unit) potential, making it ideal for investors, developers, or owner-occupants seeking added income or space for extended family.
Located in a corridor experiencing significant infrastructure upgrades including new transit options, roadway improvements, and community revitalization projects the area is attracting strong interest and continued investment.
Whether you're looking to expand your rental portfolio or develop for long-term value, 37 Rose St SW could deliver immediate cash flow and future upside. Don't miss your chance to invest in a property with proven income and serious potential.
DAYS ON MARKET
|
13
|
LAST UPDATED
|
6/18/2025
|
YEAR BUILT
|
1900
|
COMMUNITY
|
Grand Rapids - G
|
COUNTY
|
Kent
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
School District |
Grand Rapids |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
AREA |
Grand Rapids - G |
BASEMENT |
Full, Yes |
CONSTRUCTION |
Aluminum Siding |
FIREPLACE |
Yes |
GARAGE |
Yes |
HEAT |
Baseboard, Electric, Forced Air, Natural Gas |
LOT |
6098 sq ft |
LOT DIMENSIONS |
5,924 |
PARKING |
Concrete, Driveway |
SEWER |
Public Sewer |
TAXES |
1627.16 |
UTILITIES |
Natural Gas Available, Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available |
WATER |
Public |
ZONING |
Multi |
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Listing provided by Coldwell Banker Schmidt Realtors, James A Peacock III
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 6/26/25 2:19 AM PDT
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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