130 College Avenue NE, Grand Rapids, MI 49503

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List Price
$415,000
Days on Market
4
MLS#
26036097
Status
PENDING
Type
Multifamily
Bathrooms
3

Property Description

Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent long-term investment potential. The exterior has a new fresh coat of paint that was just completed. Whether you're looking to expand your portfolio or invest in one of Grand Rapids' most sought-after historic neighborhoods, this Heritage Hill multi-family is an opportunity you won't want to miss. Showings to begin after 12pm on Friday, July 17th. Offers will be due on Sunday 07/19/26 by 6pm.

Additional Information

Owner Pays
Electricity, Gas, Sewer, Water
Taxes
$7,031
Acres
0.24
Basement
Crawl Space, Michigan Basement, Partial
Heating
Hot Water, Radiant
Roofing
Composition
School District
Grand Rapids
Tenant Pays
None
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Phone 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: Sommer Dockery from Listing Office: Novosad Realty Partners.

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