$269,900
Est. payment /mo
4,356 Sqft Lot
Active
1031 Hamilton AVE NW City Of Grand Rapids, MI 49504
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026046308
Year Built 1880
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
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!
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating Forced Air, Natural Gas, Space Heater
Fireplace No
Exterior
Parking Features Aggregate, Garage, Unpaved
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Foundation MichiganBasement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Timothy J VandenToorn of United Realty Services LLC
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