23 Burton Street SW, Grand Rapids, MI 49507
- $329,500
- List Price
- $329,500
- Days on Market
- 9
- MLS#
- 26020646
- Status
- PENDING
- Type
- Multifamily
Property Description
Four-unit investment property Excellent opportunity to own a fully occupied four-unit property with solid rental history and immediate income. This multi-family asset features long-term tenants on the first floor, providing stability and consistent cash flow from day one. The lower level includes two units: one spacious 3-bedroom, 1-bath and one 2-bedroom, 1-bath. The upper level offers additional value with a 2-bedroom, 1-bath unit featuring a private balcony, along with a larger 4-bedroom, 1-bath unit--also with its own balcony--ideal for maximizing rental income. The property includes off-street parking accessible from the alleyway.
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Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $4,850
- Acres
- 0.10
- Basement
- Full, Michigan Basement
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Grand Rapids
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 4
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Rahel A Gebrekristos from Listing Office: Urban Pharm, LLC.
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