Grand Rapids, MI 49505
$229,000
Turnkey investment opportunity in the highly desirable Creston neighborhood of NE Grand Rapids! This city certified duplex is fully occupied and generates $2,325 per month in gross rental income. The main level unit offers 2 bedrooms, 1 bathroom, spacious living and dining areas, a partial basement, a large fenced backyard, storage shed, and exclusive use of the driveway and backyard. The upper unit features 1 bedroom and 1 bathroom. The property includes separate electric meters, a 60/40 gas, water, and sewer utility split, and city certification through January 2028. Unit 1 rents for $1,425 per month, and Unit 2 rents for $900 per month. Conveniently located just minutes from downtown Grand Rapids, shopping, restaurants, parks, and major highways, this is an excellent opportunity to add a cash flowing property to your investment portfolio.
Questions on 238 Travis Street NE, Grand Rapids, MI 49505, or want to see it in person?