1801 College Avenue SE, Grand Rapids, MI 49507

$320,000

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List Price
$320,000
Days on Market
1
MLS#
26051392
Status
ACTIVE
Type
Multifamily

Property Description

Welcome to 1801 College Ave SE! This well-maintained and spacious 2-unit property offers a great opportunity just minutes from Downtown Grand Rapids and the shops and restaurants of Alger Heights. Both units are move-in ready and tenant occupied on month-to-month leases, providing flexibility for owner-occupancy or a solid investment opportunity. The expansive main-level unit features 3 bedrooms and 1 full bathroom and is currently rented for $1,700 per month. Upstairs, the 2-bedroom, 1-bathroom unit is currently rented for $1,550 per month. Each unit has separate utilities, while the full basement provides plenty of additional storage space. A large driveway offers ample off-street parking. With strong rental income already in place and flexible lease terms, this is a great opportunity for an owner-occupant or investor in a convenient Grand Rapids location.

Additional Information

Owner Pays
Sewer, Water
Taxes
$6,542
Acres
0.14
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
2
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Timothy J Groenhof from Listing Office: Five Star Real Estate (Ada).

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