Courtesy of United Realty Services LLC, Jacob Thomas
859 Butterworth Street SW, Grand Rapids, Michigan, 49504
0.20 Acres
3 bd
#26042093
Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Community Features : Sidewalks
- Parking Total: 5
- Zoning Description : MULTI
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Aluminum Siding
- Basement Description : Full
- Basement on Property:
- Laundry Features : In Basement
PROPERTY DETAILS
ID: 26042093
Status: Active
Price: $319,900
Acres: 0.20 Acres
Price Per Acre: $1,599,500
Type: Multi-family
Address: 859 Butterworth Street SW
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49504
Lat/Long: 42.959228, -85.689704
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