1539 Quarry Avenue NW, Grand Rapids, MI 49504

$260,000

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Sold Price
$260,000
List Price
$285,000
Closing Date
May 28, 2024
Days on Market
45
MLS#
24009543
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Experience the essence of urban living in this carefully maintained 2-bed, 1-bath duplex on Grand Rapids' vibrant west side. Blending original wood charm and new renovations, this property is an ideal investment for both discerning investors and homeowners. Each unit offers spacious layouts adorned with chic finishes and modern amenities, creating a comfortable and welcoming atmosphere. Whether you choose to live in one unit and lease the other for additional income or maximize your investment potential by renting both, the duplex provides endless opportunities. The lower unit commands a monthly rent of $1050, while the upper unit contributes $1200 per month, with tenants responsible for utilities, ensuring a hassle-free investment experience. Nestled in the heart of Grand Rapids' lively west side, the duplex is steps away from trendy cafes, restaurants, and boutiques, offering a perfect blend of modern urban living and investment potential. Its strategic location places it in close proximity to esteemed educational institutions like Grand Valley State University and Calvin University, making it an excellent prospect for student housing. Take advantage of carefully maintained interiors, attractive rental incomes, and a prime location. Don't miss this outstanding opportunity to embrace contemporary living and financial prospects. Schedule your viewing today and step into the future of urban investment in Grand Rapids.

Additional Information

Owner Pays
Trash Collection, Water
Taxes
$4,028
Acres
0.10
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer
Total Parking Spaces
8
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
Water
Public

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: Arnela Balkic from Listing Office: Blue Beacon Realty - I.

Selling Agent: Selling Office: .

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