1403 Turner Avenue NW Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025012461
Bedrooms 2
Year Built 1905
Annual Tax Amount $1,435
Lot Size 2,613 Sqft
Property Description
HOUSE HACKING OPPORTUNITY! Upper unit available. 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 rent over time, increasing cash flow and long-term returns. Don't miss thissolid investment opportunity in a growing market! Back on market due to buyer financing.
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Interior
Heating Baseboard,Forced Air
Laundry 1
Exterior
Roof Type Composition
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional