852 3rd Street NW, Grand Rapids, MI 49504
- $253,000
- Sold Price
- $253,000
- List Price
- $259,000
- Closing Date
- Dec 23, 2024
- Days on Market
- 5
- MLS#
- 24055932
- Status
- SOLD
- Type
- Multifamily
- Neighborhood
- Grand Rapids - G
Property Description
Discover this fantastic 2-unit multifamily property on the desirable northwest side of Grand Rapids! Just a short stroll from the vibrant Bridge Street scene, you'll find an array of restaurants, breweries, and the Bridge Street Market grocery store, making this location a perfect blend of convenience and urban living. This well-maintained property features two leased units, offering immediate income potential. The lower unit boasts a spacious 3-bedroom, 1-bath layout, currently leased for $1,700 per month. Recently renovated, it features a modern updated kitchen and updated bathroom with new tub, toilet and vanity. Fresh paint, and new flooring throughout providing a stylish and comfortable living space. The upper unit, a cozy 1-bedroom, 1-bath, is leased for $1,150 per month. Each unit has separate utility meters and furnaces, ensuring easy management for the owner. Located close to Grand Valley State University's downtown campus and conveniently near a bus line to the Allendale campus, this property is ideal for students and young professionals alike. Whether you're an investor seeking a turnkey rental or looking to live in one unit while generating income from the other, this multifamily gem is a must-see. Don't miss your chance to own a piece of this thriving community!
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Additional Information
- Owner Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Taxes
- $3,596
- Acres
- 0.06
- Basement
- Michigan Basement
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Grand Rapids
- Tenant Pays
- None
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available
- Water
- Public Water
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Listing courtesy of Listing Agent: C. Scott Hunt from Listing Office: Weichert REALTORS Plat (Main).
Selling Agent: Selling Office: .
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