921 Fairmount Street SE

Substantial capital improvements, established rental income, and a desirable historic location make 921 Fairmount Street SE an attractive investment opportunity. Located in Grand Rapids' sought-after Fairmount Historic District, this fully leased duplex features two one-bedroom units, off-street parking, a garage, and a fenced backyard. Extensive capital improvements include renovated kitchens and bathrooms in both units with updated flooring, cabinetry, and appliances (2022), hardwood floor refinishing, a new furnace (2022), new roof and exterior siding repairs (2023), attic and exterior remediation and sealing, and a new water heater (2024). These significant investments help reduce near-term maintenance and capital expenditure needs compared to properties requiring similar improvements. Conveniently located near Eastown, East Hills, dining, shopping, and downtown Grand Rapids, this property offers investors established income and long-term value.