816 6th Street NW, Grand Rapids, MI 49504
- $275,000
- List Price
- $275,000
- Days on Market
- 43
- MLS#
- 26023667
- Status
- PENDING
- Type
- Multifamily
Property Description
Fantastic investment opportunity on the NW side of Grand Rapids producing $3,120/month in gross rental income. This duplex features two 2-bedroom, 1-bath units totaling approximately 1,460 square feet and offers stable cash flow with demonstrated rental performance throughout 2024 and 2025. The lower unit features a traditional layout with separate gas forced-air heat and tenant-paid gas and electric, while the upper unit is configured for per-bedroom rental with landlord-paid utilities. Major capital improvements include a roof replacement approximately 10 years ago. Conveniently located near downtown Grand Rapids, shopping, restaurants, parks, and major commuter routes. Solid opportunity for investors seeking a stabilized asset with immediate cash flow in a high-demand rental market.
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Additional Information
- Owner Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Taxes
- $1,464
- Acres
- 0.07
- Basement
- Full
- Heating
- Forced Air, Space Heater
- Roofing
- Composition
- School District
- Grand Rapids
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 2
- Utilities
- Natural Gas Connected, Phone Connected, Electricity Connected
- Water
- Public Water
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Listing courtesy of Listing Agent: Paul Straub from Listing Office: Five Star Real Estate (Grandv).
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