909 Hall Street SE, Grand Rapids, MI 49507

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List Price
$274,900
Days on Market
1
MLS#
26038725
Status
ACTIVE
Type
Multifamily

Property Description

Investment Opportunity: Spacious Duplex Near Downtown Grand Rapids. Located just 2 miles from downtown Grand Rapids in the Southeast neighborhood, this well maintained, professionally managed duplex offers a turnkey opportunity for investors. This property is located in an area that has seen ongoing investment and infrastructure upgrades in recent years. Current leases are in place through 5/31/2027, giving a new owner immediate, stable cash flow with no lease-up period and a smooth transition. Each unit has its own distinct entrance, with the lower unit offering both front and back access for added convenience and tenant appeal. Separate utility meters for each unit, simplifying billing and reducing owner overhead Recently updated appliances in place, reducing near term capital expenditures. Detached garage located at the rear of the lot, adjacent to the driveway entrance, offering additional rentable storage potential or added tenant amenity. Strong rental demand location close to downtown employment, dining, and amenities. Whether you are adding to an existing portfolio or purchasing your first income property, this duplex offers upside in an improving submarket. Schedule your showing today - 48 hours notice preferred for showings.

Additional Information

Owner Pays
None
Taxes
$6,130
Acres
0.13
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Tenant Pays
None
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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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: Angela J Worth from Listing Office: Bellabay Realty (North).

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