Courtesy of Keymark Realty, Tara Hartwig

710 Cherry Street SE, Grand Rapids, Michigan, 49503

$324,900
0.08 Acres
4 bd
2 ba
#26050941
Exceptional investment opportunity in Grand Rapids! This duplex sits on a low-maintenance 3,311 sq ft lot and offers strong income potential. With market rents in the area averaging around $1,625 per unit, this property can yield a potential gross revenue of $3,300+ per month. A little TLC will easily maximize its value, but the property is completely functional and ready to rent as-is. Metered separately for maximum efficiency, each unit features its own electrical panel, furnace, and water heater. Whether you are looking for an addition to your rental portfolio or a house-hacking opportunity to live in one unit while collecting rent from the other, this solid multi-family property offers multiple pathways to build long-term equity.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Natural Gas Connected, Electricity Connected
  • Water Source : Public
  • Sewer : Public Sewer
  • Community Features : Sidewalks
  • Parking Total: 2
  • Heating on Property:
  • Heating : Natural Gas, Forced Air, Radiant
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Daylight, Full
  • Basement on Property:
  • Laundry Features : In Basement, Sink
  • Other Structures: Storage
PROPERTY DETAILS
ID: 26050941
Status: Pending Sale
Price: $324,900
Acres: 0.08 Acres
Price Per Acre: $4,061,250
Type: Multi-family
Address: 710 Cherry Street SE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49503
Lat/Long: 42.959331, -85.651287
Presented By: Tara Hartwig
Phone:
Email: Click to Contact