Grand Rapids, MI 49505
$299,900
Substantial capital improvements, established rental income, and additional revenue potential make 247 Sweet Street NE an attractive investment opportunity. Located in Grand Rapids' revitalizing Creston neighborhood near the growing Plainfield Avenue corridor, this fully leased duplex offers convenient access to dining, shopping, and downtown. Significant capital improvements include a new main and flat roof with decking (2024), replacement of the exterior stairs and deck serving the upper unit, driveway drainage enhancements, exterior siding repairs and painting, interior updates, and mechanical servicing. These investments help reduce near term maintenance and capital expenditures compared to properties requiring similar improvements. Situated on a 6,229 sq. ft. lot, the property features a four-stall garage with potential for additional rental or storage income, subject to zoning verification.
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