For Sale Multi-Family MLS# 26058336

340 Cherry Street SE

Grand Rapids, MI 49503

$865,000

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoIcon Realty Group LLC
AgentJoshua Schaub

About 340 Cherry Street SE

Discover an exceptional income-producing property in the heart of Grand Rapids! This massive duplex features two expansive units, one offering 6 bedrooms and the other 7 bedrooms. Making it ideal for investors or owner-occupants seeking rental income. It is located in the highly desirable Heritage Hill neighborhood and is located a short distance from downtown, hospitals, universities, and numerous restaurants. This home features plenty of character along with a blend of modern charm. Inside each unit you will find multiple bathrooms, spacious living and dining areas, updated kitchens with ample cabinetry, and in-unit laundry. Outside features a huge front porch, a quiet backyard with deck, and a private driveway for off-street parking. 27-28 leasing year rents will be $7750/month. With its size, location, and updates, this duplex is a rare find. Be sure to schedule your showing today!

Property details

Property

Type
2 to 4 Units
MLS type
Multi Family Home
Status
Active
Year built
1900
Lot
0.139
Original price
$865,000
MLS #
26058336

Interior

Features
Full
Heating
Forced Air
Cooling
Central Air
Laundry
Common Area

Exterior & lot

Features
Parking spaces: 4
Construction
Wood Siding
Roof
Composition
Parking
Concrete

Schools

District
Grand Rapids Public Schools

Utilities

Utilities
Public Sewer, Public Water, Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water
Sewer
Public Sewer

Financial

Financial
Michigan Regional Information Center (MichRIC)
Annual tax
$14,440
Tax year
2025
Parcel
41-14-30-381-002
Legal
LOT 2 & W 1/2 OF VACATED ALLEY ADJ ON E* WELTON S ADDITION

Location

County
Kent
Neighborhood
Heritage Hill
Community
Paved, Grand Rapids

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.