238 Travis Street NE, Grand Rapids, MI 49505

$247,000
2
BA

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List Price
$247,000
Price Change
▼ $2,900 1784684861
Days on Market
20
MLS#
26034576
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

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.

Additional Information

Owner Pays
Water
Taxes
$4,221
Acres
0.13
Basement
Michigan Basement
Heating
Forced Air, Wall Furnace
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
2
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

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Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Abisai Munoz from Listing Office: City2Shore Real Estate (GR).

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