For Sale Multi-Family MLS# 26042093

859 Butterworth Street SW

Grand Rapids, MI 49504

$299,900

michigan-regional-information-center-llc-rsd logo

Listing Office

Officemichigan-regional-information-center-llc-rsd logoUnited Realty Services LLC
AgentJacob Thomas

About 859 Butterworth Street SW

Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.

Property details

Property

Type
2 to 4 Units
MLS type
Multi Family Home
Status
Active
Year built
1890
Lot
0.2044
Original price
$329,900
MLS #
26042093

Interior

Features
Full, Michigan Basement
Heating
Forced Air
Laundry
In Basement

Exterior & lot

Features
Parking spaces: 5
Construction
Aluminum Siding

Schools

District
Grand Rapids Public Schools

Utilities

Utilities
Public Sewer, Public Water, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
Water
Public Water
Sewer
Public Sewer

Financial

Financial
Michigan Regional Information Center (MichRIC), Private Owned
Annual tax
$2,371
Tax year
2025
Parcel
41-13-26-478-017
Legal
E 48 FT OF LOT 10 BLK 2* GUNNISON S SUBDIVISION* OF PART OF SHEPARD S ADDITION

Location

County
Kent
Neighborhood
Swan
Community
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.