859 Butterworth Street SW, Grand Rapids, MI 49504
- $329,900
- List Price
- $329,900
- Days on Market
- 30
- MLS#
- 26042093
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.
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Additional Information
- Owner Pays
- Sewer, Water
- Taxes
- $2,370
- Acres
- 0.20
- Basement
- Full, Michigan Basement
- Heating
- Forced Air
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Trash Collection
- Total Parking Spaces
- 5
- Utilities
- Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Jacob Thomas from Listing Office: United Realty Services LLC.
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