1031 Hamilton Avenue NW, Grand Rapids, MI 49504
- $279,900
- 2
- BA
- List Price
- $279,900
- Days on Market
- 9
- MLS#
- 26046308
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 2
Property Description
Investor or house-hack opportunity on Grand Rapids' desirable NW side! This updated duplex offers two 2-bedroom, 1-bath units with strong income potential. The upper unit is tenant occupied at $1,200/month, while the vacant lower unit is move-in ready with projected rent of approximately $1,400/month, creating potential gross rental income of $2,600/month. Both units have been recently updated, with numerous capital improvements already completed, helping reduce near-term work for the next owner. The property also completed the Get the Lead Out program, including inspection and lead-clearance certification through the Kent County Health Department. One-stall garage and a convenient location near downtown, restaurants, shopping and entertainment. Professional property management is already in place for an easy transition. Live in one and offset your mortgage, or lease both for a ready-to-go investment!
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Additional Information
- Owner Pays
- Sewer, Water
- Taxes
- $5,414
- Acres
- 0.10
- Basement
- Michigan Basement
- Heating
- Forced Air, Space Heater
- Roofing
- Composition
- School District
- Grand Rapids
- Tenant Pays
- Electricity, Gas, Trash Collection
- Total Parking Spaces
- 4
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available, Natural Gas Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Timothy J VandenToorn from Listing Office: United Realty Services LLC.
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