Courtesy of The Local Element, Nikki DuPont

2435-2437 Edgewood Avenue SE, Grand Rapids, Michigan, 49546

$385,000
0.22 Acres
6 bd
2 ba
#26049808
A strong addition to any investment portfolio, this fully occupied Grand Rapids duplex offers steady rental income with two spacious 3-bedroom, 1.5-bath units. Tenants pay electric, gas, water, sewer and trash, keeping owner-paid expenses low. Each unit features central air, separate heating systems, fireplace, private outdoor space, garage access and laundry or hookups. With established tenants already in place and highly functional 3-bedroom layouts, this is a straightforward income-producing property with the fundamentals investors look for: consistent rent, utility separation and long-term rental appeal. An excellent opportunity to add a solid multifamily asset to your portfolio. Available for purchase individually or as part of a two-duplex portfolio with 2931-2933 SE Okemos Dr.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Community Features : Sidewalks
  • Parking Features: Concrete, Driveway, Paved
  • Parking Total: 2
  • Zoning Description : RM
  • Cooling on Property:
  • Cooling: Central Air
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Brick, Wood Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Daylight, Full
  • Basement on Property:
  • Laundry Features : In Basement, Sink, Washer Hookup
PROPERTY DETAILS
ID: 26049808
Status: Active
Price: $385,000
Acres: 0.22 Acres
Price Per Acre: $1,750,000
Type: Multi-family
Address: 2435-2437 Edgewood Avenue SE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49546
Lat/Long: 42.918497, -85.595035
Presented By: Nikki DuPont
Phone:
Email: Click to Contact