939 Prospect Avenue NE, Grand Rapids, MI 49503
- $259,900
- List Price
- $259,900
- Days on Market
- 108
- MLS#
- 26020372
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.
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Additional Information
- Owner Pays
- Gas, Sewer, Water
- Taxes
- $1,879
- Acres
- 0.10
- Basement
- Full, Michigan Basement
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Grand Rapids
- Tenant Pays
- Electricity, Trash Collection
- Total Parking Spaces
- 2
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Chris M Good from Listing Office: United Realty Services LLC.
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