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Foundry Real Estate Partners, Inc
823 Mc Reynolds Avenue NW, Grand Rapids, MI 49504
- $258,885
- List Price
- $258,885
- Days on Market
- 1
- MLS#
- 26059484
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Grand Rapids two-unit with flexible options! This property offers similar upper and lower apartments, each with 3 bedrooms and 1 bath, with split utilities for easy management. The upper unit is now vacant: make it your primary residence and let the lower help pay the mortgage, or lease it at today's rates and set the rent tone for the building, new rent could be $1400+ month. The lower is leased at $1,100 through 4/30/27 to a long-term, dependable tenant, leaving room for upside at renewal. Alley access leads to a detached garage with storage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units. Recently passed Grand Rapids rental certification. A great fit for owner-occupants or workforce housing investors. Easy to show: upper can be seen anytime; lower requires 48-hour notice. All showings need to be done through Sentri.
Additional Information
- Owner Pays
- Sewer, Water
- Taxes
- $3,613
- Acres
- 0.11
- Basement
- Michigan Basement, Partial
- 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
- Water
- Public Water
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Listing courtesy of Listing Agent: Lewis Smalligan from Listing Office: Tall Tree Realty and Property Management LLC.
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